Org.nr 996 262 375 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA FONN AS: årsregnskap 2023 vs 2022

Grew 53% on revenue

approved 2024-04-24; registry 2024-04-29; journal 2024 381676

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA FONN AS. Revenue 1.95m NOK → 2.99m NOK (+52.8%). Net result +343.0k NOK → +405.6k NOK. Equity 176.7k NOK → 1.33m NOK.

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

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

Scorecard

Revenue
1.95m NOK 2.99m NOK
+52.8%
Operating result
+451.3k NOK +131.3k NOK
-70.9%
Net result
+343.0k NOK +405.6k NOK
+18.3%
Equity
176.7k NOK 1.33m NOK
+654.1%
Cash
62.9k NOK 283.5k NOK
+350.8%
Total assets
1.77m NOK 2.15m NOK
+21.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.95m NOK to 2.99m NOK (+52.8% YoY). Calculated

  • ↑

    Net result improved

    Net result +343.0k NOK → +405.6k NOK (net margin 17.6% → 13.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 176.7k NOK → 1.33m NOK (equity ratio 10.0% → 61.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 62.9k NOK → 283.5k NOK (+350.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +451.3k NOK → +131.3k NOK (op. margin 23.1% → 4.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 546.6k NOK → 0 NOK. Reported fact