FirmaIQ
Org.nr 979 423 438 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET MORTEN PERSEN AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-02-28; registry 2024-03-02; journal 2024 315883

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET MORTEN PERSEN AS. Revenue 1.42m NOK → 1.43m NOK (+0.6%). Net result +251.9k NOK → +139.2k NOK. Equity 1.08m NOK → 1.22m 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 MORTEN PERSEN AS.

At a glance

Scorecard

Revenue
1.42m NOK 1.43m NOK
+0.6%
Operating result
+318.7k NOK +184.1k NOK
-42.2%
Net result
+251.9k NOK +139.2k NOK
-44.8%
Equity
1.08m NOK 1.22m NOK
+12.8%
Cash
273.6k NOK 1.34m NOK
+389.1%
Total assets
1.45m NOK 1.53m NOK
+5.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.42m NOK to 1.43m NOK (+0.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.08m NOK → 1.22m NOK (equity ratio 74.5% → 80.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 273.6k NOK → 1.34m NOK (+389.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +318.7k NOK → +184.1k NOK (op. margin 22.4% → 12.9%). Calculated

  • ↓

    Net result weakened

    Net result +251.9k NOK → +139.2k NOK (net margin 17.7% → 9.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 621.5k NOK → 707.5k NOK (44% → 49% of revenue). Calculated