Org.nr 884 665 582 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS: årsregnskap 2023 vs 2022

Grew 26% on revenue, stronger earnings

approved 2024-03-12; registry 2024-03-25; journal 2024 339251

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS. Revenue 18.56m NOK → 23.47m NOK (+26.4%). Net result +4.50m NOK → +6.73m NOK. Equity 1.02m NOK → 1.52m NOK.

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

Also worth watching: payroll increased; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS.

Scorecard

Revenue
18.56m NOK 23.47m NOK
+26.4%
Operating result
+5.82m NOK +8.63m NOK
+48.1%
Net result
+4.50m NOK +6.73m NOK
+49.5%
Equity
1.02m NOK 1.52m NOK
+49.0%
Cash
3.72m NOK 6.13m NOK
+64.5%
Total assets
13.29m NOK 16.90m NOK
+27.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.56m NOK to 23.47m NOK (+26.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5.82m NOK → +8.63m NOK (op. margin 31.4% → 36.8%). Calculated

  • ↑

    Net result improved

    Net result +4.50m NOK → +6.73m NOK (net margin 24.3% → 28.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.02m NOK → 1.52m NOK (equity ratio 7.7% → 9.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.72m NOK → 6.13m NOK (+64.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 8.47m NOK → 10.41m NOK (46% → 44% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 887.7k NOK → 791.7k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 10 → 11. Reported fact