Org.nr 925 847 135 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET FALKUM AS: årsregnskap 2023 vs 2022

Grew 40% on revenue

approved 2024-03-20; registry 2024-04-09; journal 2024 350453

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET FALKUM AS. Revenue 3.41m NOK → 4.77m NOK (+40.0%). Net result +965.8k NOK → +792.7k NOK. Equity 337.4k NOK → 130.2k NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET FALKUM AS.

Scorecard

Revenue
3.41m NOK 4.77m NOK
+40.0%
Operating result
+1.24m NOK +2.30m NOK
+85.5%
Net result
+965.8k NOK +792.7k NOK
-17.9%
Equity
337.4k NOK 130.2k NOK
-61.4%
Cash
443.8k NOK 332.9k NOK
-25.0%
Total assets
1.85m NOK 3.39m NOK
+83.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.41m NOK to 4.77m NOK (+40.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.24m NOK → +2.30m NOK (op. margin 36.3% → 48.1%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +965.8k NOK → +792.7k NOK (net margin 28.3% → 16.6%). Calculated

  • ↓

    Equity eroded

    Book equity 337.4k NOK → 130.2k NOK (equity ratio 18.3% → 3.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 443.8k NOK → 332.9k NOK (-25.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 117.6k NOK → 4 376 NOK (-96.3% YoY). Calculated