ADVOKATFIRMA POLLAN THOWSEN AS: årsregnskap 2023 vs 2022
Grew 21% on revenue, weaker earnings
approved 2024-04-24; registry 2024-04-29; journal 2024 382098
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA POLLAN THOWSEN AS. Revenue 1.40m NOK → 1.69m NOK (+20.7%). Net result +22.9k NOK → +8 686 NOK. Equity 287.0k NOK → 295.7k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA POLLAN THOWSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.40m NOK to 1.69m NOK (+20.7% YoY). Calculated
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↑
Equity strengthened
Book equity 287.0k NOK → 295.7k NOK (equity ratio 60.2% → 50.4%). Calculated
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↑
Cash rose
Bank deposits 156.0k NOK → 195.7k NOK (+25.4% YoY). Calculated
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↑
Payroll decreased
Salary cost 868.0k NOK → 1 121 NOK (62% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +29.3k NOK → +10.7k NOK (op. margin 2.1% → 0.6%). Calculated
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↓
Net result weakened
Net result +22.9k NOK → +8 686 NOK (net margin 1.6% → 0.5%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 7 095 NOK → 727 NOK (-89.8% YoY). Calculated