FirmaIQ
Org.nr 922 779 406 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET HAZELAND AS: årsregnskap 2023 vs 2022

Grew 6% on revenue, stronger earnings

approved 2024-04-30; registry 2024-05-04; journal 2024 392196

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET HAZELAND AS. Revenue 2.80m NOK → 2.97m NOK (+6.1%). Net result +232.5k NOK → +392.1k NOK. Equity 275.0k NOK → 355.1k NOK.

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

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

At a glance

Scorecard

Revenue
2.80m NOK 2.97m NOK
+6.1%
Operating result
+295.3k NOK +484.0k NOK
+63.9%
Net result
+232.5k NOK +392.1k NOK
+68.7%
Equity
275.0k NOK 355.1k NOK
+29.1%
Cash
8.62m NOK 8.43m NOK
-2.2%
Total assets
1.20m NOK 1000.0k NOK
-16.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.80m NOK to 2.97m NOK (+6.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +295.3k NOK → +484.0k NOK (op. margin 10.5% → 16.3%). Calculated

  • ↑

    Net result improved

    Net result +232.5k NOK → +392.1k NOK (net margin 8.3% → 13.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 275.0k NOK → 355.1k NOK (equity ratio 23.0% → 35.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 8.62m NOK → 8.43m NOK (-2.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.35m NOK → 1.48m NOK (48% → 50% of revenue). Calculated