FirmaIQ
Org.nr 988 186 678 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA EUROJURIS NORD AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-04-26; registry 2024-05-04; journal 2024 392295

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA EUROJURIS NORD AS. Revenue 18.00m NOK → 17.80m NOK (-1.1%). Net result +5.01m NOK → +3.30m NOK. Equity 4.80m NOK → 6.61m NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMA EUROJURIS NORD AS.

At a glance

Scorecard

Revenue
18.00m NOK 17.80m NOK
-1.1%
Operating result
+6.28m NOK +3.99m NOK
-36.5%
Net result
+5.01m NOK +3.30m NOK
-34.1%
Equity
4.80m NOK 6.61m NOK
+37.5%
Cash
9.13m NOK 7.34m NOK
-19.6%
Total assets
14.01m NOK 12.03m NOK
-14.2%

What improved

  • ↑

    Equity strengthened

    Book equity 4.80m NOK → 6.61m NOK (equity ratio 34.3% → 54.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 18.00m NOK to 17.80m NOK (-1.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.28m NOK → +3.99m NOK (op. margin 34.9% → 22.4%). Calculated

  • ↓

    Net result weakened

    Net result +5.01m NOK → +3.30m NOK (net margin 27.8% → 18.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 9.13m NOK → 7.34m NOK (-19.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 8.29m NOK → 10.13m NOK (46% → 57% of revenue). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 5 → 13. Reported fact