Org.nr 916 531 273 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET KARLSEN AS: årsregnskap 2023 vs 2022

Grew 53% on revenue, stronger earnings

approved 2024-04-12; registry 2024-04-20; journal 2024 365650

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET KARLSEN AS. Revenue 1.61m NOK → 2.48m NOK (+53.3%). Net result +24.9k NOK → +4.34m NOK. Equity 639.7k NOK → 975.0k NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET KARLSEN AS.

Scorecard

Revenue
1.61m NOK 2.48m NOK
+53.3%
Operating result
+162.9k NOK +551.5k NOK
+238.6%
Net result
+24.9k NOK +4.34m NOK
+17331.1%
Equity
639.7k NOK 975.0k NOK
+52.4%
Cash
50.3k NOK 37.6k NOK
-25.3%
Total assets
2.08m NOK 2.28m NOK
+9.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.61m NOK to 2.48m NOK (+53.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +162.9k NOK → +551.5k NOK (op. margin 10.1% → 22.3%). Calculated

  • ↑

    Net result improved

    Net result +24.9k NOK → +4.34m NOK (net margin 1.5% → 175.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 639.7k NOK → 975.0k NOK (equity ratio 30.7% → 42.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 50.3k NOK → 37.6k NOK (-25.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 635.5k NOK → 1.04m NOK (39% → 42% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 20.5k NOK → 25.5k NOK. Reported fact