Org.nr 826 867 302 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET BRULAND OG FARSTAD AS: årsregnskap 2023 vs 2022

Grew 104% on revenue, slipped into loss

approved 2024-02-02; registry 2024-02-05; journal 2024 304306

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET BRULAND OG FARSTAD AS. Revenue 693.5k NOK → 1.42m NOK (+104.5%). Net result +75.9k NOK → -43.0k NOK. Equity 2.16m NOK → 112.3k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
693.5k NOK 1.42m NOK
+104.5%
Operating result
+97.0k NOK -55.1k NOK
-156.7%
Net result
+75.9k NOK -43.0k NOK
-156.7%
Equity
2.16m NOK 112.3k NOK
-94.8%
Cash
354.0k NOK 258.5k NOK
-27.0%
Total assets
698.8k NOK 843.7k NOK
+20.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 693.5k NOK to 1.42m NOK (+104.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 909.8k NOK → 721.8k NOK (131% → 51% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +97.0k NOK → -55.1k NOK (op. margin 14.0% → -3.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 75.9k NOK profit to a loss of 43.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.16m NOK → 112.3k NOK (equity ratio 308.4% → 13.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 354.0k NOK → 258.5k NOK (-27.0% YoY). Calculated