Org.nr 988 416 126 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA RUNE H ERIKSEN AS: årsregnskap 2023 vs 2022

Shrank 71% on revenue, stronger earnings

registry 2024-04-22; journal 2024 367431

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA RUNE H ERIKSEN AS. Revenue 922.9k NOK → 264.6k NOK (-71.3%). Net result +114.9k NOK → +190.1k NOK. Equity 265.4k NOK → 325.5k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
922.9k NOK 264.6k NOK
-71.3%
Operating result
+153.0k NOK +244.2k NOK
+59.7%
Net result
+114.9k NOK +190.1k NOK
+65.4%
Equity
265.4k NOK 325.5k NOK
+22.6%
Cash
317.6k NOK 233.9k NOK
-26.3%
Total assets
587.9k NOK 734.5k NOK
+24.9%

What improved

  • ↑

    Operating result improved

    Operating result +153.0k NOK → +244.2k NOK (op. margin 16.6% → 92.3%). Calculated

  • ↑

    Net result improved

    Net result +114.9k NOK → +190.1k NOK (net margin 12.4% → 71.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 265.4k NOK → 325.5k NOK (equity ratio 45.1% → 44.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 922.9k NOK to 264.6k NOK (-71.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 317.6k NOK → 233.9k NOK (-26.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 574.9k NOK → 700.7k NOK (62% → 265% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 2 800 NOK → 41.2k NOK (+1370.1% YoY). Calculated