Org.nr 913 094 816 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET BJØRNEBEKK OG MARTINSEN AS: årsregnskap 2023 vs 2022

Grew 20% on revenue, stronger earnings, cash halved-plus

approved 2024-04-08; registry 2024-04-18; journal 2024 362633

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET BJØRNEBEKK OG MARTINSEN AS. Revenue 4.12m NOK → 4.96m NOK (+20.3%). Net result +558.6k NOK → +792.4k NOK. Equity 747.6k NOK → 339.9k NOK.

On the constructive side: revenue rose; net result improved; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET BJØRNEBEKK OG MARTINSEN AS.

Scorecard

Revenue
4.12m NOK 4.96m NOK
+20.3%
Operating result
+612.4k NOK +58.7k NOK
-90.4%
Net result
+558.6k NOK +792.4k NOK
+41.9%
Equity
747.6k NOK 339.9k NOK
-54.5%
Cash
484.3k NOK 232.0k NOK
-52.1%
Total assets
1.57m NOK 2.62m NOK
+66.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.12m NOK to 4.96m NOK (+20.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +558.6k NOK → +792.4k NOK (net margin 13.6% → 16.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.90m NOK → 2.57m NOK (70% → 52% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +612.4k NOK → +58.7k NOK (op. margin 14.9% → 1.2%). Calculated

  • ↓

    Equity eroded

    Book equity 747.6k NOK → 339.9k NOK (equity ratio 47.6% → 13.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 484.3k NOK → 232.0k NOK (-52.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 16.3k NOK → 5 884 NOK (-64.0% YoY). Calculated