ADVOKATFIRMAET BRANDHAUG AS: årsregnskap 2023 vs 2022
Shrank 23% on revenue, weaker earnings
approved 2024-02-16; registry 2024-02-21; journal 2024 309742
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET BRANDHAUG AS. Revenue 657.8k NOK → 506.2k NOK (-23.1%). Net result +233.1k NOK → +56.5k NOK. Equity 297.5k NOK → 354.0k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 297.5k NOK → 354.0k NOK (equity ratio 58.8% → 55.7%). Calculated
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↑
Cash rose
Bank deposits 256.1k NOK → 357.4k NOK (+39.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 657.8k NOK to 506.2k NOK (-23.1% YoY). Calculated
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↓
Operating result weakened
Operating result +298.0k NOK → +82.1k NOK (op. margin 45.3% → 16.2%). Calculated
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↓
Net result weakened
Net result +233.1k NOK → +56.5k NOK (net margin 35.4% → 11.2%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 229 NOK → 1.00m NOK (0% → 198% of revenue). Calculated