FirmaIQ
Org.nr 984 984 375 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA GRUNDEKJØN & CO AS: årsregnskap 2023 vs 2022

Grew 48% on revenue, stronger earnings

approved 2024-04-22; registry 2024-04-29; journal 2024 380017

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA GRUNDEKJØN & CO AS. Revenue 260.8k NOK → 386.9k NOK (+48.4%). Net result +28.4k NOK → +4.12m NOK. Equity 207.7k NOK → 127.1k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
260.8k NOK 386.9k NOK
+48.4%
Operating result
+46.9k NOK +157.2k NOK
+235.0%
Net result
+28.4k NOK +4.12m NOK
+14385.4%
Equity
207.7k NOK 127.1k NOK
-38.8%
Cash
229.5k NOK 267.7k NOK
+16.7%
Total assets
306.6k NOK 406.6k NOK
+32.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 260.8k NOK to 386.9k NOK (+48.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +46.9k NOK → +157.2k NOK (op. margin 18.0% → 40.6%). Calculated

  • ↑

    Net result improved

    Net result +28.4k NOK → +4.12m NOK (net margin 10.9% → 1064.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 229.5k NOK → 267.7k NOK (+16.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 207.7k NOK → 127.1k NOK (equity ratio 67.7% → 31.2%). Calculated