ADVOKATFIRMAET ARNTZEN AS: årsregnskap 2023 vs 2022
Grew 22% on revenue, stronger earnings
approved 2024-03-18; registry 2024-04-29; journal 2024 383365
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET ARNTZEN AS. Revenue 465.60m NOK → 567.63m NOK (+21.9%). Net result +1.70m NOK → +2.35m NOK. Equity 10.23m NOK → 228.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET ARNTZEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 465.60m NOK to 567.63m NOK (+21.9% YoY). Calculated
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Operating result improved
Operating result +215.78m NOK → +297.22m NOK (op. margin 46.3% → 52.4%). Calculated
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Net result improved
Net result +1.70m NOK → +2.35m NOK (net margin 0.4% → 0.4%). Calculated
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Cash rose
Bank deposits 24.46m NOK → 66.98m NOK (+173.9% YoY). Calculated
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Owners injected capital
Paid-in equity rose 201.6k NOK → 210.2k NOK (+8 580 NOK). Reported fact
What deteriorated
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Equity eroded
Book equity 10.23m NOK → 228.7k NOK (equity ratio 4.9% → 0.1%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 2.15bn NOK → 2.17bn NOK (463% → 383% of revenue). Calculated