Org.nr 997 522 656 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA FOLSERAAS AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-04-26; registry 2024-04-29; journal 2024 384383

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA FOLSERAAS AS. Revenue 2.39m NOK → 2.45m NOK (+2.6%). Net result +378.6k NOK → +150.9k NOK. Equity 244.5k NOK → 1.20m NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA FOLSERAAS AS.

Scorecard

Revenue
2.39m NOK 2.45m NOK
+2.6%
Operating result
+488.8k NOK +194.3k NOK
-60.2%
Net result
+378.6k NOK +150.9k NOK
-60.2%
Equity
244.5k NOK 1.20m NOK
+388.9%
Cash
911.1k NOK 722.2k NOK
-20.7%
Total assets
2.04m NOK 2.01m NOK
-1.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.39m NOK to 2.45m NOK (+2.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 244.5k NOK → 1.20m NOK (equity ratio 12.0% → 59.6%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +488.8k NOK → +194.3k NOK (op. margin 20.5% → 7.9%). Calculated

  • ↓

    Net result weakened

    Net result +378.6k NOK → +150.9k NOK (net margin 15.8% → 6.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 911.1k NOK → 722.2k NOK (-20.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 176 NOK → 1.27m NOK (0% → 52% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 1 100 NOK. Reported fact