FirmaIQ
Org.nr 981 459 326 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET BULL AS: årsregnskap 2023 vs 2022

Grew 17% on revenue, stronger earnings

approved 2024-04-25; registry 2024-05-04; journal 2024 389174

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET BULL AS. Revenue 174.89m NOK → 204.58m NOK (+17.0%). Net result +1.76m NOK → +2.26m NOK. Equity 56.32m NOK → 57.89m NOK.

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

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

At a glance

Scorecard

Revenue
174.89m NOK 204.58m NOK
+17.0%
Operating result
+2.94m NOK +3.84m NOK
+30.6%
Net result
+1.76m NOK +2.26m NOK
+28.6%
Equity
56.32m NOK 57.89m NOK
+2.8%
Cash
5.99m NOK 5.06m NOK
-15.5%
Total assets
89.25m NOK 89.29m NOK
+0.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 174.89m NOK to 204.58m NOK (+17.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.94m NOK → +3.84m NOK (op. margin 1.7% → 1.9%). Calculated

  • ↑

    Net result improved

    Net result +1.76m NOK → +2.26m NOK (net margin 1.0% → 1.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 56.32m NOK → 57.89m NOK (equity ratio 63.1% → 64.8%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 52.81m NOK → 54.37m NOK (+1.56m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 5.99m NOK → 5.06m NOK (-15.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 81.84m NOK → 93.51m NOK (47% → 46% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 72 → 76. Reported fact