FirmaIQ
Org.nr 991 504 125 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA OLAFSEN AS: årsregnskap 2023 vs 2022

Shrank 7% on revenue

approved 2024-04-17; registry 2024-04-24; journal 2024 372748

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA OLAFSEN AS. Revenue 8.33m NOK → 7.73m NOK (-7.2%). Net result +500.5k NOK → +560.5k NOK. Equity 2.88m NOK → 3.04m NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMA OLAFSEN AS.

At a glance

Scorecard

Revenue
8.33m NOK 7.73m NOK
-7.2%
Operating result
+633.4k NOK +690.2k NOK
+9.0%
Net result
+500.5k NOK +560.5k NOK
+12.0%
Equity
2.88m NOK 3.04m NOK
+5.6%
Cash
1.43m NOK 2.11m NOK
+47.5%
Total assets
4.63m NOK 5.06m NOK
+9.2%

What improved

  • ↑

    Operating result improved

    Operating result +633.4k NOK → +690.2k NOK (op. margin 7.6% → 8.9%). Calculated

  • ↑

    Net result improved

    Net result +500.5k NOK → +560.5k NOK (net margin 6.0% → 7.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.88m NOK → 3.04m NOK (equity ratio 62.1% → 60.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.43m NOK → 2.11m NOK (+47.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.33m NOK to 7.73m NOK (-7.2% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 7 → 4. Reported fact