Org.nr 924 752 076 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET FUSCHE JENSSEN AS: årsregnskap 2023 vs 2022

Grew 625% on revenue, stronger earnings

approved 2024-03-07; registry 2024-04-10; journal 2024 351969

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET FUSCHE JENSSEN AS. Revenue 503.8k NOK → 3.66m NOK (+625.4%). Net result +289.4k NOK → +506.8k NOK. Equity 715.8k NOK → 222.6k NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET FUSCHE JENSSEN AS.

Scorecard

Revenue
503.8k NOK 3.66m NOK
+625.4%
Operating result
+367.2k NOK +694.5k NOK
+89.1%
Net result
+289.4k NOK +506.8k NOK
+75.1%
Equity
715.8k NOK 222.6k NOK
-68.9%
Cash
776.0k NOK 1.09m NOK
+40.2%
Total assets
198.5k NOK 2.05m NOK
+934.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 503.8k NOK to 3.66m NOK (+625.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +367.2k NOK → +694.5k NOK (op. margin 72.9% → 19.0%). Calculated

  • ↑

    Net result improved

    Net result +289.4k NOK → +506.8k NOK (net margin 57.4% → 13.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 776.0k NOK → 1.09m NOK (+40.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.33× → 2.43×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 715.8k NOK → 222.6k NOK (equity ratio 360.7% → 10.8%). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 2. Reported fact