FirmaIQ
Org.nr 922 916 829 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET ALGEROY AS: årsregnskap 2023 vs 2022

Grew 15% on revenue, stronger earnings

approved 2024-04-11; registry 2024-04-15; journal 2024 356710

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET ALGEROY AS. Revenue 2.28m NOK → 2.63m NOK (+15.2%). Net result +146.3k NOK → +257.7k NOK. Equity 176.9k NOK → 288.6k NOK.

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

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

At a glance

Scorecard

Revenue
2.28m NOK 2.63m NOK
+15.2%
Operating result
+212.8k NOK +328.6k NOK
+54.4%
Net result
+146.3k NOK +257.7k NOK
+76.2%
Equity
176.9k NOK 288.6k NOK
+63.1%
Cash
118.3k NOK 208.6k NOK
+76.3%
Total assets
656.5k NOK 745.4k NOK
+13.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.28m NOK to 2.63m NOK (+15.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +212.8k NOK → +328.6k NOK (op. margin 9.3% → 12.5%). Calculated

  • ↑

    Net result improved

    Net result +146.3k NOK → +257.7k NOK (net margin 6.4% → 9.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 176.9k NOK → 288.6k NOK (equity ratio 27.0% → 38.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 118.3k NOK → 208.6k NOK (+76.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.49m NOK → 1.65m NOK (65% → 63% of revenue). Calculated