ADVOKATFIRMAET SIMONSEN VOGT WIIG AS: årsregnskap 2023 vs 2022
Grew 13% on revenue, weaker earnings
approved 2024-05-29; registry 2024-06-12; journal 2024 502049
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET SIMONSEN VOGT WIIG AS. Revenue 512.08m NOK → 577.49m NOK (+12.8%). Net result +14.64m NOK → +834.8k NOK. Equity 14.14bn NOK → 8.18bn NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SIMONSEN VOGT WIIG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 512.08m NOK to 577.49m NOK (+12.8% YoY). Calculated
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Operating result improved
Operating result +186.22m NOK → +229.67m NOK (op. margin 36.4% → 39.8%). Calculated
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Cash rose
Bank deposits 43.56m NOK → 74.24m NOK (+70.4% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +14.64m NOK → +834.8k NOK (net margin 2.9% → 0.1%). Calculated
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↓
Equity eroded
Book equity 14.14bn NOK → 8.18bn NOK (equity ratio 6577.0% → 2865.7%). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 322.6k NOK → 277.6k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 4.24bn NOK → 4.25bn NOK (828% → 735% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 2.14m NOK → 1.61m NOK. Reported fact