FirmaIQ
Org.nr 987 902 248 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA HOLTHE & CO AS: årsregnskap 2023 vs 2022

Grew 6% on revenue, weaker earnings, cash halved-plus

approved 2024-04-02; registry 2024-04-06; journal 2024 346745

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA HOLTHE & CO AS. Revenue 4.08m NOK → 4.30m NOK (+5.6%). Net result +874.0k NOK → +300.3k NOK. Equity 1.40m NOK → 1.40m NOK.

On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: net result weakened; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
4.08m NOK 4.30m NOK
+5.6%
Operating result
+88.9k NOK +1.60m NOK
+1700.5%
Net result
+874.0k NOK +300.3k NOK
-65.6%
Equity
1.40m NOK 1.40m NOK
+0.0%
Cash
853.8k NOK 417.5k NOK
-51.1%
Total assets
3.37m NOK 3.78m NOK
+12.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.08m NOK to 4.30m NOK (+5.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +88.9k NOK → +1.60m NOK (op. margin 2.2% → 37.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.21m NOK → 1.93m NOK (54% → 45% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +874.0k NOK → +300.3k NOK (net margin 21.4% → 7.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 853.8k NOK → 417.5k NOK (-51.1% YoY). Calculated