Org.nr 928 102 432 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET HELLANDER AS: årsregnskap 2023 vs 2022

Grew 104070% on revenue, stronger earnings

approved 2024-04-17; registry 2024-04-27; journal 2024 378193

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET HELLANDER AS. Revenue 1 465 NOK → 1.53m NOK (+104070.2%). Net result +3 419 NOK → +136.2k NOK. Equity 3.45m NOK → 585.4k NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET HELLANDER AS.

Scorecard

Revenue
1 465 NOK 1.53m NOK
+104070.2%
Operating result
+537.3k NOK +176.5k NOK
-67.2%
Net result
+3 419 NOK +136.2k NOK
+3884.7%
Equity
3.45m NOK 585.4k NOK
-83.0%
Cash
775.8k NOK 899.6k NOK
+16.0%
Total assets
1.03m NOK 1.14m NOK
+11.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 465 NOK to 1.53m NOK (+104070.2% YoY). Calculated

  • ↑

    Net result improved

    Net result +3 419 NOK → +136.2k NOK (net margin 233.4% → 8.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 775.8k NOK → 899.6k NOK (+16.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +537.3k NOK → +176.5k NOK (op. margin 36678.1% → 11.6%). Calculated

  • ↓

    Equity eroded

    Book equity 3.45m NOK → 585.4k NOK (equity ratio 334.8% → 51.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 638 NOK → 1.04m NOK (112% → 68% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 25.2k NOK → 8 177 NOK. Reported fact