FirmaIQ
Org.nr 968 013 610 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA VARJAG AS: årsregnskap 2023 vs 2022

Grew 7% on revenue, stronger earnings

approved 2024-01-30; registry 2024-02-03; journal 2024 303828

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA VARJAG AS. Revenue 3.27m NOK → 3.50m NOK (+6.8%). Net result +123.8k NOK → +477.3k NOK. Equity 573.9k NOK → 851.2k NOK.

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

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

At a glance

Scorecard

Revenue
3.27m NOK 3.50m NOK
+6.8%
Operating result
+121.3k NOK +441.2k NOK
+263.7%
Net result
+123.8k NOK +477.3k NOK
+285.4%
Equity
573.9k NOK 851.2k NOK
+48.3%
Cash
10.4k NOK 881.8k NOK
+8390.1%
Total assets
1.69m NOK 1.96m NOK
+15.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.27m NOK to 3.50m NOK (+6.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +121.3k NOK → +441.2k NOK (op. margin 3.7% → 12.6%). Calculated

  • ↑

    Net result improved

    Net result +123.8k NOK → +477.3k NOK (net margin 3.8% → 13.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 573.9k NOK → 851.2k NOK (equity ratio 33.9% → 43.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.4k NOK → 881.8k NOK (+8390.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.13m NOK → 2.16m NOK (65% → 62% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 14.5k NOK → 0 NOK (-100.0% YoY). Calculated