Org.nr 925 656 887 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET BRO AS: årsregnskap 2023 vs 2022

Grew 96% on revenue, weaker earnings, fresh owner capital

approved 2024-04-29; registry 2024-05-02; journal 2024 387952

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET BRO AS. Revenue 1.62m NOK → 3.18m NOK (+95.7%). Net result -49.7k NOK → -66.0k NOK. Equity 278.5k NOK → 512.6k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET BRO AS.

Scorecard

Revenue
1.62m NOK 3.18m NOK
+95.7%
Operating result
-48.3k NOK -65.7k NOK
-36.1%
Net result
-49.7k NOK -66.0k NOK
-32.7%
Equity
278.5k NOK 512.6k NOK
+84.0%
Cash
7.32m NOK 7.57m NOK
+3.5%
Total assets
764.3k NOK 159.9k NOK
-79.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.62m NOK to 3.18m NOK (+95.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 278.5k NOK → 512.6k NOK (equity ratio 36.4% → 320.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 7.32m NOK → 7.57m NOK (+3.5% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 330.0k NOK (+300.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -48.3k NOK → -65.7k NOK (op. margin -3.0% → -2.1%). Calculated

  • ↓

    Net result weakened

    Net result -49.7k NOK → -66.0k NOK (net margin -3.1% → -2.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.79× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 326.2k NOK → 1.85m NOK (20% → 58% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 2. Reported fact