ADVOKATFIRMAET TOR HAUG AS: årsregnskap 2023 vs 2022
Grew 7% on revenue, weaker earnings
approved 2024-04-08; registry 2024-04-11; journal 2024 352437
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET TOR HAUG AS. Revenue 2.69m NOK → 2.88m NOK (+6.9%). Net result +589.8k NOK → +260.7k NOK. Equity 1.93m NOK → 2.19m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET TOR HAUG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.69m NOK to 2.88m NOK (+6.9% YoY). Calculated
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↑
Equity strengthened
Book equity 1.93m NOK → 2.19m NOK (equity ratio 76.1% → 79.4%). Calculated
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↑
Cash rose
Bank deposits 1.75m NOK → 2.18m NOK (+24.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +759.1k NOK → +293.0k NOK (op. margin 28.2% → 10.2%). Calculated
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↓
Net result weakened
Net result +589.8k NOK → +260.7k NOK (net margin 21.9% → 9.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.33m NOK → 2.14m NOK (50% → 75% of revenue). Calculated