Org.nr 918 329 110 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA SYVERTSEN AS: årsregnskap 2023 vs 2022

Grew 11% on revenue, returned to profit

approved 2024-06-19; registry 2024-07-04; journal 2024 599364

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA SYVERTSEN AS. Revenue 1.50m NOK → 1.65m NOK (+10.6%). Net result -1.02m NOK → +1.62m NOK. Equity -82.4k NOK → 1.54m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

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

Scorecard

Revenue
1.50m NOK 1.65m NOK
+10.6%
Operating result
+579.7k NOK +829.4k NOK
+43.1%
Net result
-1.02m NOK +1.62m NOK
+258.0%
Equity
-82.4k NOK 1.54m NOK
+1962.8%
Cash
17.4k NOK 267.5k NOK
+1438.8%
Total assets
2.98m NOK 5.39m NOK
+80.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.50m NOK to 1.65m NOK (+10.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +579.7k NOK → +829.4k NOK (op. margin 38.8% → 50.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.02m NOK to a profit of 1.62m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -82.4k NOK → 1.54m NOK (equity ratio -2.8% → 28.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 17.4k NOK → 267.5k NOK (+1438.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.68m NOK → 3.64m NOK (179% → 220% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 22.0k NOK → 4 273 NOK (-80.6% YoY). Calculated