ADVOKATFIRMAET TORUNN HAUG AS: årsregnskap 2023 vs 2022
Grew 27% on revenue, stronger earnings
approved 2024-04-29; registry 2024-05-02; journal 2024 385937
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET TORUNN HAUG AS. Revenue 1.49m NOK → 1.89m NOK (+27.2%). Net result +56.0k NOK → +343.9k NOK. Equity 788.6k NOK → 32.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET TORUNN HAUG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.49m NOK to 1.89m NOK (+27.2% YoY). Calculated
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↑
Operating result improved
Operating result +73.8k NOK → +441.0k NOK (op. margin 5.0% → 23.3%). Calculated
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↑
Net result improved
Net result +56.0k NOK → +343.9k NOK (net margin 3.8% → 18.2%). Calculated
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↑
Cash rose
Bank deposits 444.3k NOK → 648.1k NOK (+45.9% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 788.6k NOK → 32.4k NOK (equity ratio 83.0% → 6.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 793.4k NOK → 2.88m NOK (53% → 153% of revenue). Calculated