FirmaIQ
Org.nr 987 897 643 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET NYHEIM AS: årsregnskap 2023 vs 2022

Grew 70% on revenue, stronger earnings

approved 2024-04-29; registry 2024-05-02; journal 2024 388348

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET NYHEIM AS. Revenue 1.55m NOK → 2.64m NOK (+70.4%). Net result +33.2k NOK → +831.0k NOK. Equity 9.28m NOK → 9.91m NOK.

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

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

At a glance

Scorecard

Revenue
1.55m NOK 2.64m NOK
+70.4%
Operating result
+355.7k NOK +244.3k NOK
-31.3%
Net result
+33.2k NOK +831.0k NOK
+2401.4%
Equity
9.28m NOK 9.91m NOK
+6.8%
Cash
526.6k NOK 586.4k NOK
+11.4%
Total assets
15.52m NOK 16.00m NOK
+3.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.55m NOK to 2.64m NOK (+70.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +33.2k NOK → +831.0k NOK (net margin 2.1% → 31.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 9.28m NOK → 9.91m NOK (equity ratio 59.8% → 62.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 526.6k NOK → 586.4k NOK (+11.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.09× → 2.11×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +355.7k NOK → +244.3k NOK (op. margin 23.0% → 9.3%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 7 500 NOK → 110.8k NOK (+1378.0% YoY). Calculated