ADVOKATFIRMA WÅLAND AS: årsregnskap 2023 vs 2022
Grew 28% on revenue, stronger earnings
registry 2024-04-27; journal 2024 377889
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA WÅLAND AS. Revenue 2.59m NOK → 3.30m NOK (+27.5%). Net result +221.6k NOK → +346.8k NOK. Equity 584.9k NOK → 1.73m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA WÅLAND AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.59m NOK to 3.30m NOK (+27.5% YoY). Calculated
-
↑
Operating result improved
Operating result -106.0k NOK → +441.7k NOK (op. margin -4.1% → 13.4%). Calculated
-
↑
Net result improved
Net result +221.6k NOK → +346.8k NOK (net margin 8.6% → 10.5%). Calculated
-
↑
Equity strengthened
Book equity 584.9k NOK → 1.73m NOK (equity ratio 29.9% → 75.8%). Calculated
-
↑
Cash rose
Bank deposits 212.6k NOK → 433.6k NOK (+104.0% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.90× → 0.21× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.40m NOK → 1.45m NOK (54% → 44% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 887 NOK → 36.9k NOK (+4064.0% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 1.07m NOK → 1.04m NOK. Reported fact