FirmaIQ
Org.nr 986 552 073 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET SGB AS: årsregnskap 2023 vs 2022

Grew 21% on revenue, weaker earnings, fresh owner capital

approved 2024-04-16; registry 2024-04-18; journal 2024 363845

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET SGB AS. Revenue 48.05m NOK → 58.22m NOK (+21.2%). Net result +14.62m NOK → +6.11m NOK. Equity 6.70m NOK → 11.03m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET SGB AS.

At a glance

Scorecard

Revenue
48.05m NOK 58.22m NOK
+21.2%
Operating result
+14.82m NOK +6.41m NOK
-56.7%
Net result
+14.62m NOK +6.11m NOK
-58.2%
Equity
6.70m NOK 11.03m NOK
+64.7%
Cash
3.02m NOK 2.23m NOK
-26.3%
Total assets
19.90m NOK 21.86m NOK
+9.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 48.05m NOK to 58.22m NOK (+21.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 6.70m NOK → 11.03m NOK (equity ratio 33.6% → 50.5%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 5.93m NOK → 10.56m NOK (+4.63m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +14.82m NOK → +6.41m NOK (op. margin 30.8% → 11.0%). Calculated

  • ↓

    Net result weakened

    Net result +14.62m NOK → +6.11m NOK (net margin 30.4% → 10.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.02m NOK → 2.23m NOK (-26.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 10.35m NOK → 16.14m NOK (22% → 28% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.72m NOK → 3.64m NOK (+34.0% YoY). Calculated