FirmaIQ
Org.nr 913 857 372 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA MÆLAND & CO AS: årsregnskap 2023 vs 2022

Stronger earnings

approved 2024-04-29; registry 2024-05-04; journal 2024 390524

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA MÆLAND & CO AS. Revenue 9.79m NOK → 10.26m NOK (+4.7%). Net result +2.33m NOK → +2.81m NOK. Equity 5.06m NOK → 5.48m NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA MÆLAND & CO AS.

At a glance

Scorecard

Revenue
9.79m NOK 10.26m NOK
+4.7%
Operating result
+2.95m NOK +3.56m NOK
+20.7%
Net result
+2.33m NOK +2.81m NOK
+21.0%
Equity
5.06m NOK 5.48m NOK
+8.2%
Cash
5.40m NOK 4.25m NOK
-21.3%
Total assets
10.26m NOK 10.67m NOK
+4.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.79m NOK to 10.26m NOK (+4.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.95m NOK → +3.56m NOK (op. margin 30.1% → 34.7%). Calculated

  • ↑

    Net result improved

    Net result +2.33m NOK → +2.81m NOK (net margin 23.7% → 27.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.06m NOK → 5.48m NOK (equity ratio 49.3% → 51.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 5.40m NOK → 4.25m NOK (-21.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.76m NOK → 4.92m NOK (49% → 48% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 533.4k NOK → 265.9k NOK (-50.1% YoY). Calculated