Org.nr 992 833 424 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET HALVORSEN & CO AS: årsregnskap 2023 vs 2022

Grew 53% on revenue, fresh owner capital

approved 2024-03-18; registry 2024-03-20; journal 2024 333339

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET HALVORSEN & CO AS. Revenue 45.87m NOK → 69.96m NOK (+52.5%). Net result +3.45m NOK → +3.55m NOK. Equity 9.44m NOK → 11.43m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET HALVORSEN & CO AS.

Scorecard

Revenue
45.87m NOK 69.96m NOK
+52.5%
Operating result
+4.22m NOK +5.99m NOK
+42.1%
Net result
+3.45m NOK +3.55m NOK
+2.7%
Equity
9.44m NOK 11.43m NOK
+21.1%
Cash
1.75m NOK 2.24m NOK
+27.8%
Total assets
49.55m NOK 48.36m NOK
-2.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 45.87m NOK to 69.96m NOK (+52.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.22m NOK → +5.99m NOK (op. margin 9.2% → 8.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 9.44m NOK → 11.43m NOK (equity ratio 19.1% → 23.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.75m NOK → 2.24m NOK (+27.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 3.41m NOK → 4.95m NOK (+1.54m NOK). Reported fact

Things to notice

  • ·

    Payroll increased

    Salary cost 30.12m NOK → 47.48m NOK (66% → 68% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 30 → 38. Reported fact