FirmaIQ
Org.nr 991 989 021 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA FINNE LANGE AS: årsregnskap 2023 vs 2022

Grew 27% on revenue, stronger earnings

approved 2024-04-17; registry 2024-04-25; journal 2024 376466

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA FINNE LANGE AS. Revenue 2.58m NOK → 3.29m NOK (+27.1%). Net result +522.0k NOK → +930.6k NOK. Equity 4.36m NOK → 4.99m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA FINNE LANGE AS.

At a glance

Scorecard

Revenue
2.58m NOK 3.29m NOK
+27.1%
Operating result
+680.7k NOK +186.8k NOK
-72.6%
Net result
+522.0k NOK +930.6k NOK
+78.3%
Equity
4.36m NOK 4.99m NOK
+14.5%
Cash
3.52m NOK 4.89m NOK
+38.9%
Total assets
5.38m NOK 6.11m NOK
+13.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.58m NOK to 3.29m NOK (+27.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +522.0k NOK → +930.6k NOK (net margin 20.2% → 28.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.36m NOK → 4.99m NOK (equity ratio 81.1% → 81.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.52m NOK → 4.89m NOK (+38.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +680.7k NOK → +186.8k NOK (op. margin 26.3% → 5.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.06m NOK → 1.08m NOK (41% → 33% of revenue). Calculated