FirmaIQ
Org.nr 993 346 268 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET HALS AS: årsregnskap 2023 vs 2022

A steady year on the published lines

approved 2024-03-27; registry 2024-04-02; journal 2024 342885

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET HALS AS. Revenue 3.62m NOK → 3.77m NOK (+4.1%). Net result +1.58m NOK → +1.43m NOK. Equity 10.48m NOK → 100.8k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET HALS AS.

At a glance

Scorecard

Revenue
3.62m NOK 3.77m NOK
+4.1%
Operating result
+2.02m NOK +1.82m NOK
-10.0%
Net result
+1.58m NOK +1.43m NOK
-9.7%
Equity
10.48m NOK 100.8k NOK
-99.0%
Cash
1.87m NOK 1.78m NOK
-4.9%
Total assets
2.64m NOK 2.37m NOK
-10.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.62m NOK to 3.77m NOK (+4.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.79m NOK → 1.05m NOK (77% → 28% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.02m NOK → +1.82m NOK (op. margin 55.8% → 48.3%). Calculated

  • ↓

    Net result weakened

    Net result +1.58m NOK → +1.43m NOK (net margin 43.6% → 37.8%). Calculated

  • ↓

    Equity eroded

    Book equity 10.48m NOK → 100.8k NOK (equity ratio 397.0% → 4.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.87m NOK → 1.78m NOK (-4.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation