Org.nr 984 677 499 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA TINGMANN AS: årsregnskap 2023 vs 2022

Grew 5% on revenue, weaker earnings

approved 2024-04-04; registry 2024-04-08; journal 2024 348809

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA TINGMANN AS. Revenue 13.34m NOK → 14.04m NOK (+5.2%). Net result +351.2k NOK → +49.9k NOK. Equity 676.0k NOK → 726.0k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA TINGMANN AS.

Scorecard

Revenue
13.34m NOK 14.04m NOK
+5.2%
Operating result
+442.6k NOK +132.9k NOK
-70.0%
Net result
+351.2k NOK +49.9k NOK
-85.8%
Equity
676.0k NOK 726.0k NOK
+7.4%
Cash
427.7k NOK 434.1k NOK
+1.5%
Total assets
3.96m NOK 4.47m NOK
+12.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.34m NOK to 14.04m NOK (+5.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 676.0k NOK → 726.0k NOK (equity ratio 17.1% → 16.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 427.7k NOK → 434.1k NOK (+1.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +442.6k NOK → +132.9k NOK (op. margin 3.3% → 0.9%). Calculated

  • ↓

    Net result weakened

    Net result +351.2k NOK → +49.9k NOK (net margin 2.6% → 0.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 9.06m NOK → 10.29m NOK (68% → 73% of revenue). Calculated