Org.nr 929 802 691 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET HØINES AS: årsregnskap 2023 vs 2022

Grew 424425% on revenue, stronger earnings

approved 2024-04-12; registry 2024-04-18; journal 2024 363881

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET HØINES AS. Revenue 1 110 NOK → 4.71m NOK (+424424.7%). Net result +222.6k NOK → +428.9k NOK. Equity 622.6k NOK → 891.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET HØINES AS.

Scorecard

Revenue
1 110 NOK 4.71m NOK
+424424.7%
Operating result
+285.2k NOK +547.5k NOK
+92.0%
Net result
+222.6k NOK +428.9k NOK
+92.7%
Equity
622.6k NOK 891.7k NOK
+43.2%
Cash
258.1k NOK 260.4k NOK
+0.9%
Total assets
949.7k NOK 325.1k NOK
-65.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 110 NOK to 4.71m NOK (+424424.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +285.2k NOK → +547.5k NOK (op. margin 25694.3% → 11.6%). Calculated

  • ↑

    Net result improved

    Net result +222.6k NOK → +428.9k NOK (net margin 20050.1% → 9.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 622.6k NOK → 891.7k NOK (equity ratio 65.6% → 274.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 258.1k NOK → 260.4k NOK (+0.9% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.61× → 0.57× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 3. Reported fact