FirmaIQ
Org.nr 997 318 013 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET KVASSTIND AS: årsregnskap 2023 vs 2022

Grew 28% on revenue, stronger earnings

approved 2024-04-30; registry 2024-05-04; journal 2024 391834

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET KVASSTIND AS. Revenue 10.59m NOK → 13.57m NOK (+28.2%). Net result +3.70m NOK → +5.02m NOK. Equity 3.82m NOK → 4.72m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
10.59m NOK 13.57m NOK
+28.2%
Operating result
+4.70m NOK +6.33m NOK
+34.6%
Net result
+3.70m NOK +5.02m NOK
+35.5%
Equity
3.82m NOK 4.72m NOK
+23.7%
Cash
6.16m NOK 7.93m NOK
+28.9%
Total assets
9.35m NOK 13.54m NOK
+44.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.59m NOK to 13.57m NOK (+28.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.70m NOK → +6.33m NOK (op. margin 44.4% → 46.7%). Calculated

  • ↑

    Net result improved

    Net result +3.70m NOK → +5.02m NOK (net margin 35.0% → 37.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.82m NOK → 4.72m NOK (equity ratio 40.8% → 34.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.16m NOK → 7.93m NOK (+28.9% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 5. Reported fact