Org.nr 928 746 577 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET DE VIBE AS: årsregnskap 2023 vs 2022

Grew 234425% on revenue, stronger earnings, cash halved-plus

approved 2024-04-19; registry 2024-04-23; journal 2024 371909

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET DE VIBE AS. Revenue 2 383 NOK → 5.59m NOK (+234424.9%). Net result +408.0k NOK → +891.7k NOK. Equity 3.43m NOK → 1.32m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET DE VIBE AS.

Scorecard

Revenue
2 383 NOK 5.59m NOK
+234424.9%
Operating result
+523.1k NOK +147.2k NOK
-71.9%
Net result
+408.0k NOK +891.7k NOK
+118.5%
Equity
3.43m NOK 1.32m NOK
-61.4%
Cash
565.9k NOK 108.1k NOK
-80.9%
Total assets
1.13m NOK 2.50m NOK
+120.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 383 NOK to 5.59m NOK (+234424.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +408.0k NOK → +891.7k NOK (net margin 17122.9% → 16.0%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +523.1k NOK → +147.2k NOK (op. margin 21952.5% → 2.6%). Calculated

  • ↓

    Equity eroded

    Book equity 3.43m NOK → 1.32m NOK (equity ratio 302.5% → 53.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 565.9k NOK → 108.1k NOK (-80.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 415 NOK → 3.19m NOK (59% → 57% of revenue). Calculated