FirmaIQ
Org.nr 926 876 600 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET HEMNES AS: årsregnskap 2023 vs 2022

Grew 9% on revenue, stronger earnings

registry 2024-04-20; journal 2024 366332

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET HEMNES AS. Revenue 2.89m NOK → 3.15m NOK (+9.3%). Net result +678.4k NOK → +1.44m NOK. Equity 861.9k NOK → 2.30m NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET HEMNES AS.

At a glance

Scorecard

Revenue
2.89m NOK 3.15m NOK
+9.3%
Operating result
+891.7k NOK +816.9k NOK
-8.4%
Net result
+678.4k NOK +1.44m NOK
+112.6%
Equity
861.9k NOK 2.30m NOK
+167.3%
Cash
553.8k NOK 2.68m NOK
+384.3%
Total assets
45.8k NOK 3.03m NOK
+6512.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.89m NOK to 3.15m NOK (+9.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +678.4k NOK → +1.44m NOK (net margin 23.5% → 45.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 861.9k NOK → 2.30m NOK (equity ratio 1881.0% → 76.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 553.8k NOK → 2.68m NOK (+384.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +891.7k NOK → +816.9k NOK (op. margin 30.9% → 25.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.48m NOK → 2.88m NOK (51% → 91% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 40.9k NOK → 35.8k NOK (-12.5% YoY). Calculated