Org.nr 925 573 698 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA M LEGAL AS: årsregnskap 2023 vs 2022

Grew 23% on revenue, weaker earnings

approved 2024-04-29; registry 2024-05-04; journal 2024 390357

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA M LEGAL AS. Revenue 6.40m NOK → 7.87m NOK (+22.9%). Net result +592.4k NOK → +207.9k NOK. Equity 297.3k NOK → 405.2k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMA M LEGAL AS.

Scorecard

Revenue
6.40m NOK 7.87m NOK
+22.9%
Operating result
+746.5k NOK +320.1k NOK
-57.1%
Net result
+592.4k NOK +207.9k NOK
-64.9%
Equity
297.3k NOK 405.2k NOK
+36.3%
Cash
639.8k NOK 705.2k NOK
+10.2%
Total assets
2.53m NOK 3.93m NOK
+54.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.40m NOK to 7.87m NOK (+22.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 297.3k NOK → 405.2k NOK (equity ratio 11.7% → 10.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 639.8k NOK → 705.2k NOK (+10.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +746.5k NOK → +320.1k NOK (op. margin 11.7% → 4.1%). Calculated

  • ↓

    Net result weakened

    Net result +592.4k NOK → +207.9k NOK (net margin 9.2% → 2.6%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 9 000 NOK (None YoY). Calculated