FirmaIQ
Org.nr 918 181 202 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET ERIKSSEN & CO AS: årsregnskap 2023 vs 2022

Grew 24% on revenue, returned to profit

approved 2024-04-30; registry 2024-05-04; journal 2024 390035

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET ERIKSSEN & CO AS. Revenue 1.52m NOK → 1.89m NOK (+23.9%). Net result -1 730 NOK → +116.0k NOK. Equity 246.7k NOK → 362.6k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET ERIKSSEN & CO AS.

At a glance

Scorecard

Revenue
1.52m NOK 1.89m NOK
+23.9%
Operating result
+1 027 NOK +152.9k NOK
+14784.8%
Net result
-1 730 NOK +116.0k NOK
+6802.9%
Equity
246.7k NOK 362.6k NOK
+47.0%
Cash
235.5k NOK 232.0k NOK
-1.5%
Total assets
n/m 691.4k NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.52m NOK to 1.89m NOK (+23.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1 027 NOK → +152.9k NOK (op. margin 0.1% → 8.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1 730 NOK to a profit of 116.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 246.7k NOK → 362.6k NOK. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 235.5k NOK → 232.0k NOK (-1.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.16m NOK → 1.38m NOK (76% → 73% of revenue). Calculated