FirmaIQ
Org.nr 821 968 402 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET MØLLER AS: årsregnskap 2023 vs 2022

Cash halved-plus

approved 2024-02-22; registry 2024-03-04; journal 2024 318507

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET MØLLER AS. Revenue 10.21m NOK → 10.43m NOK (+2.1%). Net result +3.75m NOK → +4.29m NOK. Equity 1.09m NOK → 1.29m NOK.

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

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET MØLLER AS.

At a glance

Scorecard

Revenue
10.21m NOK 10.43m NOK
+2.1%
Operating result
+4.94m NOK +5.52m NOK
+11.6%
Net result
+3.75m NOK +4.29m NOK
+14.6%
Equity
1.09m NOK 1.29m NOK
+18.2%
Cash
4.10m NOK 1.34m NOK
-67.3%
Total assets
7.48m NOK 5.73m NOK
-23.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.21m NOK to 10.43m NOK (+2.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.94m NOK → +5.52m NOK (op. margin 48.4% → 52.9%). Calculated

  • ↑

    Net result improved

    Net result +3.75m NOK → +4.29m NOK (net margin 36.7% → 41.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.09m NOK → 1.29m NOK (equity ratio 14.5% → 22.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.71m NOK → 3.62m NOK (36% → 35% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 4.10m NOK → 1.34m NOK (-67.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.10m NOK → 1.34m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 354.9k NOK → 54.9k NOK. Reported fact