Org.nr 929 510 089 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET VERNA REGE NILSSEN AS: årsregnskap 2023 vs 2022

Grew 99097% on revenue, weaker earnings

approved 2024-04-16; registry 2024-04-25; journal 2024 374583

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET VERNA REGE NILSSEN AS. Revenue 1 557 NOK → 1.54m NOK (+99097.0%). Net result +78.1k NOK → +4 685 NOK. Equity 4.46m NOK → 466.7k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

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

Scorecard

Revenue
1 557 NOK 1.54m NOK
+99097.0%
Operating result
+103.4k NOK +6 178 NOK
-94.0%
Net result
+78.1k NOK +4 685 NOK
-94.0%
Equity
4.46m NOK 466.7k NOK
-89.5%
Cash
453.7k NOK 295.9k NOK
-34.8%
Total assets
859.3k NOK 848.5k NOK
-1.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 557 NOK to 1.54m NOK (+99097.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +103.4k NOK → +6 178 NOK (op. margin 6640.3% → 0.4%). Calculated

  • ↓

    Net result weakened

    Net result +78.1k NOK → +4 685 NOK (net margin 5013.7% → 0.3%). Calculated

  • ↓

    Equity eroded

    Book equity 4.46m NOK → 466.7k NOK (equity ratio 519.3% → 55.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 453.7k NOK → 295.9k NOK (-34.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 947 NOK → 961.1k NOK (189% → 62% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2 242 NOK → 22.7k NOK (+913.2% YoY). Calculated