Org.nr 989 480 669 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA BJØRN H. LARSEN AS: årsregnskap 2023 vs 2022

Grew 243% on revenue, cash halved-plus

approved 2024-03-22; registry 2024-04-15; journal 2024 356990

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA BJØRN H. LARSEN AS. Revenue 353.9k NOK → 1.21m NOK (+243.1%). Net result +249.7k NOK → +218.6k NOK. Equity 641.3k NOK → 859.9k NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
353.9k NOK 1.21m NOK
+243.1%
Operating result
+326.8k NOK +287.9k NOK
-11.9%
Net result
+249.7k NOK +218.6k NOK
-12.5%
Equity
641.3k NOK 859.9k NOK
+34.1%
Cash
295.6k NOK 115.9k NOK
-60.8%
Total assets
1 152 NOK 1.19m NOK
+103395.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 353.9k NOK to 1.21m NOK (+243.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 641.3k NOK → 859.9k NOK (equity ratio 55672.1% → 72.1%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.30× → 3.59×. Calculated

  • ↑

    Payroll decreased

    Salary cost 661.3k NOK → 483.0k NOK (187% → 40% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +326.8k NOK → +287.9k NOK (op. margin 92.4% → 23.7%). Calculated

  • ↓

    Net result weakened

    Net result +249.7k NOK → +218.6k NOK (net margin 70.6% → 18.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 295.6k NOK → 115.9k NOK (-60.8% YoY). Calculated