Org.nr 997 721 934 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET FRØY AS: årsregnskap 2023 vs 2022

Shrank 13% on revenue

approved 2024-04-25; registry 2024-05-04; journal 2024 392009

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET FRØY AS. Revenue 15.97m NOK → 13.84m NOK (-13.3%). Net result +1.63m NOK → +1.41m NOK. Equity 959.2k NOK → 750.6k NOK.

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

Also worth watching: paid-in equity reduced; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET FRØY AS.

Scorecard

Revenue
15.97m NOK 13.84m NOK
-13.3%
Operating result
+1.78m NOK +1.81m NOK
+1.7%
Net result
+1.63m NOK +1.41m NOK
-13.6%
Equity
959.2k NOK 750.6k NOK
-21.7%
Cash
239.5k NOK 931.8k NOK
+289.1%
Total assets
4.06m NOK 6.16m NOK
+51.8%

What improved

  • ↑

    Operating result improved

    Operating result +1.78m NOK → +1.81m NOK (op. margin 11.1% → 13.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 239.5k NOK → 931.8k NOK (+289.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.97m NOK to 13.84m NOK (-13.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +1.63m NOK → +1.41m NOK (net margin 10.2% → 10.2%). Calculated

  • ↓

    Equity eroded

    Book equity 959.2k NOK → 750.6k NOK (equity ratio 23.6% → 12.2%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 257.3k NOK → 280.1k NOK (+8.9% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 689.0k NOK → 344.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 8 → 7. Reported fact