Org.nr 920 271 669 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET GLOMDAL JURIDISKE AS: årsregnskap 2023 vs 2022

Grew 11% on revenue, weaker earnings

approved 2024-04-05; registry 2024-04-08; journal 2024 349060

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET GLOMDAL JURIDISKE AS. Revenue 1.55m NOK → 1.72m NOK (+10.7%). Net result +97.9k NOK → +35.2k NOK. Equity 730.1k NOK → 765.3k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET GLOMDAL JURIDISKE AS.

Scorecard

Revenue
1.55m NOK 1.72m NOK
+10.7%
Operating result
+123.7k NOK +51.5k NOK
-58.4%
Net result
+97.9k NOK +35.2k NOK
-64.1%
Equity
730.1k NOK 765.3k NOK
+4.8%
Cash
387.1k NOK 216.3k NOK
-44.1%
Total assets
1.13m NOK 1.09m NOK
-3.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.55m NOK to 1.72m NOK (+10.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 730.1k NOK → 765.3k NOK (equity ratio 64.7% → 70.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +123.7k NOK → +51.5k NOK (op. margin 8.0% → 3.0%). Calculated

  • ↓

    Net result weakened

    Net result +97.9k NOK → +35.2k NOK (net margin 6.3% → 2.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 387.1k NOK → 216.3k NOK (-44.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 933.4k NOK → 944.0k NOK (60% → 55% of revenue). Calculated