ADVOKATFIRMAET SMEDSRUD AS: årsregnskap 2023 vs 2022
Grew 15% on revenue, returned to profit
approved 2024-04-29; registry 2024-05-02; journal 2024 387719
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET SMEDSRUD AS. Revenue 1.61m NOK → 1.85m NOK (+15.2%). Net result -16.5k NOK → +109.0k NOK. Equity 452.4k NOK → 561.5k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET SMEDSRUD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.61m NOK to 1.85m NOK (+15.2% YoY). Calculated
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Operating result improved
Operating result +27.2k NOK → +146.3k NOK (op. margin 1.7% → 7.9%). Calculated
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Turned profitable
Net result flipped from a loss of 16.5k NOK to a profit of 109.0k NOK. Calculated
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Equity strengthened
Book equity 452.4k NOK → 561.5k NOK (equity ratio 56.4% → 30.3%). Calculated
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Cash rose
Bank deposits 46.7k NOK → 1.22m NOK (+2509.0% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 769.1k NOK → 889.9k NOK (48% → 48% of revenue). Calculated
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COGS fell
COGS / varekostnad 86.7k NOK → 60.4k NOK (-30.3% YoY). Calculated