Org.nr 996 180 646 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET JARNANG AS: årsregnskap 2023 vs 2022

Grew 10% on revenue, returned to profit

approved 2024-04-29; registry 2024-05-02; journal 2024 388372

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET JARNANG AS. Revenue 2.82m NOK → 3.09m NOK (+9.6%). Net result -458.5k NOK → +271.8k NOK. Equity 376.5k NOK → 648.3k NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET JARNANG AS.

Scorecard

Revenue
2.82m NOK 3.09m NOK
+9.6%
Operating result
-259.9k NOK +461.4k NOK
+277.5%
Net result
-458.5k NOK +271.8k NOK
+159.3%
Equity
376.5k NOK 648.3k NOK
+72.2%
Cash
142.9k NOK 179.0k NOK
+25.3%
Total assets
972.2k NOK 607.9k NOK
-37.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.82m NOK to 3.09m NOK (+9.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -259.9k NOK → +461.4k NOK (op. margin -9.2% → 14.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 458.5k NOK to a profit of 271.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 376.5k NOK → 648.3k NOK (equity ratio 38.7% → 106.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 142.9k NOK → 179.0k NOK (+25.3% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.06× → 0.39× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 82.9k NOK → 29.2k NOK (-64.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 500.0k NOK → 234.6k NOK. Reported fact