FirmaIQ
Org.nr 912 829 022 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA MJAASETH AS: årsregnskap 2023 vs 2022

Grew 12% on revenue, weaker earnings

registry 2024-03-21; journal 2024 334494

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA MJAASETH AS. Revenue 2.65m NOK → 2.96m NOK (+11.7%). Net result +136.5k NOK → +25.3k NOK. Equity 721.1k NOK → 746.4k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA MJAASETH AS.

At a glance

Scorecard

Revenue
2.65m NOK 2.96m NOK
+11.7%
Operating result
+152.1k NOK +23.0k NOK
-84.9%
Net result
+136.5k NOK +25.3k NOK
-81.5%
Equity
721.1k NOK 746.4k NOK
+3.5%
Cash
820.6k NOK 769.3k NOK
-6.3%
Total assets
2.40m NOK 2.49m NOK
+3.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.65m NOK to 2.96m NOK (+11.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 721.1k NOK → 746.4k NOK (equity ratio 30.0% → 30.0%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +152.1k NOK → +23.0k NOK (op. margin 5.7% → 0.8%). Calculated

  • ↓

    Net result weakened

    Net result +136.5k NOK → +25.3k NOK (net margin 5.2% → 0.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 820.6k NOK → 769.3k NOK (-6.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 257.4k NOK → 273.9k NOK. Reported fact