FirmaIQ
Org.nr 993 459 852 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET ASTHOR AS: årsregnskap 2023 vs 2022

Grew 15% on revenue, stronger earnings

registry 2024-04-22; journal 2024 366670

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET ASTHOR AS. Revenue 6.56m NOK → 7.56m NOK (+15.3%). Net result +1.38m NOK → +1.89m NOK. Equity 943.1k NOK → 33.6k 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; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET ASTHOR AS.

At a glance

Scorecard

Revenue
6.56m NOK 7.56m NOK
+15.3%
Operating result
+1.87m NOK +2.59m NOK
+38.4%
Net result
+1.38m NOK +1.89m NOK
+37.1%
Equity
943.1k NOK 33.6k NOK
-96.4%
Cash
1.32m NOK 1.60m NOK
+21.4%
Total assets
6.68m NOK 7.42m NOK
+11.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.56m NOK to 7.56m NOK (+15.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.87m NOK → +2.59m NOK (op. margin 28.6% → 34.3%). Calculated

  • ↑

    Net result improved

    Net result +1.38m NOK → +1.89m NOK (net margin 21.0% → 25.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.32m NOK → 1.60m NOK (+21.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 943.1k NOK → 33.6k NOK (equity ratio 14.1% → 0.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 3.21m NOK → 3.36m NOK (49% → 44% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 10.4k NOK → 975 NOK (-90.6% YoY). Calculated