FirmaIQ
Org.nr 961 559 626 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET HORGEN AS: årsregnskap 2023 vs 2022

Grew 27% on revenue, weaker earnings

approved 2024-04-16; registry 2024-04-22; journal 2024 369835

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET HORGEN AS. Revenue 177.7k NOK → 226.1k NOK (+27.2%). Net result +71.3k NOK → +81 NOK. Equity 367.5k NOK → 367.6k NOK.

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

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

At a glance

Scorecard

Revenue
177.7k NOK 226.1k NOK
+27.2%
Operating result
+91.5k NOK -11.7k NOK
-112.7%
Net result
+71.3k NOK +81 NOK
-99.9%
Equity
367.5k NOK 367.6k NOK
+0.0%
Cash
2.44m NOK 2.54m NOK
+4.4%
Total assets
2.49m NOK 2.61m NOK
+5.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 177.7k NOK to 226.1k NOK (+27.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 2.44m NOK → 2.54m NOK (+4.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +91.5k NOK → -11.7k NOK (op. margin 51.5% → -5.2%). Calculated

  • ↓

    Net result weakened

    Net result +71.3k NOK → +81 NOK (net margin 40.1% → 0.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost -55.8k NOK → 162.0k NOK (-31% → 72% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 2. Reported fact