Org.nr 895 560 952 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET KIRKHOLM AS: årsregnskap 2023 vs 2022

Grew 31% on revenue, weaker earnings

approved 2024-04-29; registry 2024-05-02; journal 2024 388709

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET KIRKHOLM AS. Revenue 561.1k NOK → 734.6k NOK (+30.9%). Net result +764.7k NOK → +519.5k NOK. Equity -271.1k NOK → 248.3k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET KIRKHOLM AS.

Scorecard

Revenue
561.1k NOK 734.6k NOK
+30.9%
Operating result
+870.7k NOK +630.2k NOK
-27.6%
Net result
+764.7k NOK +519.5k NOK
-32.1%
Equity
-271.1k NOK 248.3k NOK
+191.6%
Cash
2 688 NOK 198.9k NOK
+7299.7%
Total assets
601.2k NOK 555.6k NOK
-7.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 561.1k NOK to 734.6k NOK (+30.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -271.1k NOK → 248.3k NOK (equity ratio -45.1% → 44.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 688 NOK → 198.9k NOK (+7299.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.66× → 1.73×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +870.7k NOK → +630.2k NOK (op. margin 155.2% → 85.8%). Calculated

  • ↓

    Net result weakened

    Net result +764.7k NOK → +519.5k NOK (net margin 136.3% → 70.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4 557 NOK → 1.96m NOK (1% → 266% of revenue). Calculated