Org.nr 989 523 716 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET MIDTHJELL AS: årsregnskap 2023 vs 2022

Grew 6% on revenue, returned to profit

approved 2024-04-29; registry 2024-05-04; journal 2024 389689

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET MIDTHJELL AS. Revenue 2.93m NOK → 3.11m NOK (+6.3%). Net result -261.6k NOK → +7 274 NOK. Equity 38.92m NOK → 38.93m NOK.

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

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

Scorecard

Revenue
2.93m NOK 3.11m NOK
+6.3%
Operating result
-361.0k NOK -346.1k NOK
+4.1%
Net result
-261.6k NOK +7 274 NOK
+102.8%
Equity
38.92m NOK 38.93m NOK
+0.0%
Total assets
39.28m NOK 39.15m NOK
-0.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.93m NOK to 3.11m NOK (+6.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -361.0k NOK → -346.1k NOK (op. margin -12.3% → -11.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 261.6k NOK to a profit of 7 274 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 38.92m NOK → 38.93m NOK (equity ratio 99.1% → 99.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.07m NOK → 2.98m NOK (36% → 96% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 16.73m NOK → 16.85m NOK. Reported fact