Org.nr 993 533 521 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET BRÆKHUS, RØDVIK & CO AS: årsregnskap 2023 vs 2022

Grew 26% on revenue, returned to profit, cash halved-plus

approved 2024-04-30; registry 2024-05-06; journal 2024 398331

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET BRÆKHUS, RØDVIK & CO AS. Revenue 1.48m NOK → 1.86m NOK (+26.4%). Net result -83.3k NOK → +281.5k NOK. Equity 1.46m NOK → 1.74m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Net constructive year on the published lines.

Scorecard

Revenue
1.48m NOK 1.86m NOK
+26.4%
Operating result
-88.1k NOK +320.3k NOK
+463.6%
Net result
-83.3k NOK +281.5k NOK
+437.9%
Equity
1.46m NOK 1.74m NOK
+19.3%
Cash
834.9k NOK 1 189 NOK
-99.9%
Total assets
1.66m NOK 2.10m NOK
+26.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.48m NOK to 1.86m NOK (+26.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -88.1k NOK → +320.3k NOK (op. margin -6.0% → 17.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 83.3k NOK to a profit of 281.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.46m NOK → 1.74m NOK (equity ratio 87.8% → 83.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.99m NOK → 1 NOK (203% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 834.9k NOK → 1 189 NOK (-99.9% YoY). Calculated