ADVOKATFIRMAET RUSTAD OG BORG AS: årsregnskap 2023 vs 2022
Grew 34% on revenue, weaker earnings
approved 2024-04-29; registry 2024-05-04; journal 2024 390500
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET RUSTAD OG BORG AS. Revenue 4.69m NOK → 6.30m NOK (+34.2%). Net result +4.35m NOK → +1.34m NOK. Equity 1.18m NOK → 2.52m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET RUSTAD OG BORG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.69m NOK to 6.30m NOK (+34.2% YoY). Calculated
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↑
Operating result improved
Operating result +484.9k NOK → +720.4k NOK (op. margin 10.3% → 11.4%). Calculated
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↑
Equity strengthened
Book equity 1.18m NOK → 2.52m NOK (equity ratio 34.6% → 60.3%). Calculated
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↑
Cash rose
Bank deposits 1.17m NOK → 1.73m NOK (+47.6% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +4.35m NOK → +1.34m NOK (net margin 92.6% → 21.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.24m NOK → 3.53m NOK (69% → 56% of revenue). Calculated