FirmaIQ
Org.nr 913 015 649 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET NYGAARD AS: årsregnskap 2023 vs 2022

Shrank 7% on revenue, weaker earnings

approved 2024-03-13; registry 2024-03-18; journal 2024 329780

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET NYGAARD AS. Revenue 2.14m NOK → 1.99m NOK (-6.6%). Net result +669.6k NOK → +504.5k NOK. Equity 604.4k NOK → 2.11m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET NYGAARD AS.

At a glance

Scorecard

Revenue
2.14m NOK 1.99m NOK
-6.6%
Operating result
+806.8k NOK +561.6k NOK
-30.4%
Net result
+669.6k NOK +504.5k NOK
-24.6%
Equity
604.4k NOK 2.11m NOK
+248.9%
Cash
2.49m NOK 2.59m NOK
+4.1%
Total assets
2.71m NOK 2.80m NOK
+3.2%

What improved

  • ↑

    Equity strengthened

    Book equity 604.4k NOK → 2.11m NOK (equity ratio 22.3% → 75.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.49m NOK → 2.59m NOK (+4.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.14m NOK to 1.99m NOK (-6.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +806.8k NOK → +561.6k NOK (op. margin 37.8% → 28.2%). Calculated

  • ↓

    Net result weakened

    Net result +669.6k NOK → +504.5k NOK (net margin 31.4% → 25.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 921.2k NOK → 959.5k NOK (43% → 48% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 45.4k NOK → 8 186 NOK (-82.0% YoY). Calculated