Org.nr 991 340 580 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET FINN AS: årsregnskap 2023 vs 2022

Grew 16% on revenue, stronger earnings

approved 2024-04-25; registry 2024-05-02; journal 2024 387139

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET FINN AS. Revenue 16.05m NOK → 18.65m NOK (+16.2%). Net result +39.9k NOK → +1.51m NOK. Equity 1.83m NOK → 2.06m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET FINN AS.

Scorecard

Revenue
16.05m NOK 18.65m NOK
+16.2%
Operating result
+169.3k NOK +509.5k NOK
+200.9%
Net result
+39.9k NOK +1.51m NOK
+3677.9%
Equity
1.83m NOK 2.06m NOK
+12.4%
Cash
373.7k NOK 504.4k NOK
+35.0%
Total assets
6.16m NOK 6.59m NOK
+7.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.05m NOK to 18.65m NOK (+16.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +169.3k NOK → +509.5k NOK (op. margin 1.1% → 2.7%). Calculated

  • ↑

    Net result improved

    Net result +39.9k NOK → +1.51m NOK (net margin 0.2% → 8.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.83m NOK → 2.06m NOK (equity ratio 29.7% → 31.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 373.7k NOK → 504.4k NOK (+35.0% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 581.6k NOK → 425.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 11.95m NOK → 12.40m NOK (74% → 67% of revenue). Calculated