FirmaIQ
Org.nr 966 769 912 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA KONTRAKT AS: årsregnskap 2023 vs 2022

Grew 24% on revenue, stronger earnings, cash halved-plus

approved 2024-02-08; registry 2024-02-21; journal 2024 309475

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA KONTRAKT AS. Revenue 22.14m NOK → 27.48m NOK (+24.2%). Net result +4.15m NOK → +5.11m NOK. Equity 1.24m NOK → 1.24m NOK.

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

Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMA KONTRAKT AS.

At a glance

Scorecard

Revenue
22.14m NOK 27.48m NOK
+24.2%
Operating result
+5.32m NOK +6.55m NOK
+23.1%
Net result
+4.15m NOK +5.11m NOK
+23.1%
Equity
1.24m NOK 1.24m NOK
+0.1%
Cash
14.96m NOK 5.81m NOK
-61.2%
Total assets
16.50m NOK 9.57m NOK
-42.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 22.14m NOK to 27.48m NOK (+24.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5.32m NOK → +6.55m NOK (op. margin 24.0% → 23.8%). Calculated

  • ↑

    Net result improved

    Net result +4.15m NOK → +5.11m NOK (net margin 18.8% → 18.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.24m NOK → 1.24m NOK (equity ratio 7.5% → 12.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 14.96m NOK → 5.81m NOK (-61.2% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (14.96m NOK → 5.81m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 455.1k NOK → 2.43m NOK (2% → 9% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 42.7k NOK → 57.0k NOK (+33.5% YoY). Calculated