Org.nr 913 103 157 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET MUNIR AS: årsregnskap 2023 vs 2022

Grew 67% on revenue, stronger earnings, cash halved-plus

approved 2024-04-15; registry 2024-04-20; journal 2024 365932

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET MUNIR AS. Revenue 1.72m NOK → 2.87m NOK (+66.5%). Net result +14.5k NOK → +678.0k NOK. Equity 246.4k NOK → 508.4k NOK.

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

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

Scorecard

Revenue
1.72m NOK 2.87m NOK
+66.5%
Operating result
+15.2k NOK +765.4k NOK
+4928.0%
Net result
+14.5k NOK +678.0k NOK
+4573.0%
Equity
246.4k NOK 508.4k NOK
+106.3%
Cash
567.4k NOK 217.4k NOK
-61.7%
Total assets
851.4k NOK 601.7k NOK
-29.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.72m NOK to 2.87m NOK (+66.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +15.2k NOK → +765.4k NOK (op. margin 0.9% → 26.7%). Calculated

  • ↑

    Net result improved

    Net result +14.5k NOK → +678.0k NOK (net margin 0.8% → 23.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 246.4k NOK → 508.4k NOK (equity ratio 28.9% → 84.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 567.4k NOK → 217.4k NOK (-61.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 186 NOK → 1.58m NOK (0% → 55% of revenue). Calculated