Org.nr 921 714 734 2022 → 2023 Year-over-year analysis

ADVOKAT VIDAR ZAHL ARNTZEN AS: årsregnskap 2023 vs 2022

Grew 19% on revenue, weaker earnings

approved 2024-04-22; registry 2024-04-29; journal 2024 380908

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT VIDAR ZAHL ARNTZEN AS. Revenue 1.63m NOK → 1.94m NOK (+19.3%). Net result +29.3k NOK → +18.7k NOK. Equity 9 761 NOK → 28.5k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT VIDAR ZAHL ARNTZEN AS.

Scorecard

Revenue
1.63m NOK 1.94m NOK
+19.3%
Operating result
+29.2k NOK +18.8k NOK
-35.5%
Net result
+29.3k NOK +18.7k NOK
-36.1%
Equity
9 761 NOK 28.5k NOK
+191.7%
Cash
401.4k NOK 865.4k NOK
+115.6%
Total assets
508.3k NOK 88.4k NOK
-82.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.63m NOK to 1.94m NOK (+19.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 9 761 NOK → 28.5k NOK (equity ratio 1.9% → 32.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 401.4k NOK → 865.4k NOK (+115.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +29.2k NOK → +18.8k NOK (op. margin 1.8% → 1.0%). Calculated

  • ↓

    Net result weakened

    Net result +29.3k NOK → +18.7k NOK (net margin 1.8% → 1.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.34m NOK → 1.64m NOK (82% → 84% of revenue). Calculated