Org.nr 920 616 623 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA HODNE AS: årsregnskap 2023 vs 2022

Grew 19% on revenue, returned to profit

approved 2024-04-30; registry 2024-05-04; journal 2024 391200

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA HODNE AS. Revenue 1.70m NOK → 2.02m NOK (+19.0%). Net result -364.0k NOK → +218.6k NOK. Equity 560.0k NOK → 778.6k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.

Net constructive year on the published lines.

Scorecard

Revenue
1.70m NOK 2.02m NOK
+19.0%
Operating result
-365.8k NOK +213.1k NOK
+158.3%
Net result
-364.0k NOK +218.6k NOK
+160.0%
Equity
560.0k NOK 778.6k NOK
+39.0%
Cash
155.4k NOK 380.6k NOK
+144.9%
Total assets
1.08m NOK 1.39m NOK
+28.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.70m NOK to 2.02m NOK (+19.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -365.8k NOK → +213.1k NOK (op. margin -21.5% → 10.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 364.0k NOK to a profit of 218.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 560.0k NOK → 778.6k NOK (equity ratio 51.8% → 56.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 155.4k NOK → 380.6k NOK (+144.9% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.86× → 0.46× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated