Org.nr 921 898 851 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET GLIMSHOLT AS: årsregnskap 2023 vs 2022

Cash halved-plus

approved 2024-04-09; registry 2024-04-17; journal 2024 360459

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET GLIMSHOLT AS. Revenue 4.00m NOK → 4.08m NOK (+2.0%). Net result +526.9k NOK → +606.8k NOK. Equity 1.61m NOK → 1.85m NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
4.00m NOK 4.08m NOK
+2.0%
Operating result
+673.6k NOK +778.8k NOK
+15.6%
Net result
+526.9k NOK +606.8k NOK
+15.2%
Equity
1.61m NOK 1.85m NOK
+14.7%
Cash
824.0k NOK 222.0k NOK
-73.1%
Total assets
2.92m NOK 3.02m NOK
+3.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.00m NOK to 4.08m NOK (+2.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +673.6k NOK → +778.8k NOK (op. margin 16.8% → 19.1%). Calculated

  • ↑

    Net result improved

    Net result +526.9k NOK → +606.8k NOK (net margin 13.2% → 14.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.61m NOK → 1.85m NOK (equity ratio 55.2% → 61.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.34m NOK → 2.13m NOK (59% → 52% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 824.0k NOK → 222.0k NOK (-73.1% YoY). Calculated