FirmaIQ
Org.nr 920 036 902 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET HEUSSCHE AS: årsregnskap 2023 vs 2022

Shrank 25% on revenue, stronger earnings

approved 2024-04-30; registry 2024-05-04; journal 2024 391841

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET HEUSSCHE AS. Revenue 2.08m NOK → 1.56m NOK (-24.8%). Net result +69.8k NOK → +222.2k NOK. Equity 570.3k NOK → 792.6k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.08m NOK 1.56m NOK
-24.8%
Operating result
+99.5k NOK +280.2k NOK
+181.6%
Net result
+69.8k NOK +222.2k NOK
+218.6%
Equity
570.3k NOK 792.6k NOK
+39.0%
Cash
380.2k NOK 201.1k NOK
-47.1%
Total assets
1.45m NOK 1.01m NOK
-30.2%

What improved

  • ↑

    Operating result improved

    Operating result +99.5k NOK → +280.2k NOK (op. margin 4.8% → 17.9%). Calculated

  • ↑

    Net result improved

    Net result +69.8k NOK → +222.2k NOK (net margin 3.4% → 14.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 570.3k NOK → 792.6k NOK (equity ratio 39.2% → 78.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 884.0k NOK → 379.6k NOK (42% → 24% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.08m NOK to 1.56m NOK (-24.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 380.2k NOK → 201.1k NOK (-47.1% YoY). Calculated