FirmaIQ
Org.nr 817 896 782 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET HEIN BÆRA AS: årsregnskap 2023 vs 2022

Shrank 20% on revenue, slipped into loss

approved 2024-04-22; registry 2024-04-29; journal 2024 382743

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET HEIN BÆRA AS. Revenue 2.14m NOK → 1.70m NOK (-20.3%). Net result +468.7k NOK → -45.9k NOK. Equity 1.80m NOK → 1.75m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.14m NOK 1.70m NOK
-20.3%
Operating result
+603.8k NOK -103.4k NOK
-117.1%
Net result
+468.7k NOK -45.9k NOK
-109.8%
Equity
1.80m NOK 1.75m NOK
-2.5%
Cash
693.2k NOK 1.43m NOK
+105.6%
Total assets
2.24m NOK 2.10m NOK
-5.9%

What improved

  • ↑

    Cash rose

    Bank deposits 693.2k NOK → 1.43m NOK (+105.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.99m NOK → 3 NOK (140% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.14m NOK to 1.70m NOK (-20.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +603.8k NOK → -103.4k NOK (op. margin 28.3% → -6.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 468.7k NOK profit to a loss of 45.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.80m NOK → 1.75m NOK (equity ratio 80.5% → 83.4%). Calculated