ADVOKATFIRMAET VIKSE AS: årsregnskap 2023 vs 2022
Grew 18% on revenue, stronger earnings, cash halved-plus
approved 2024-02-06; registry 2024-02-10; journal 2024 305205
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET VIKSE AS. Revenue 2.13m NOK → 2.52m NOK (+18.3%). Net result +580.7k NOK → +796.5k NOK. Equity 46.3k NOK → 57.9k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET VIKSE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.13m NOK to 2.52m NOK (+18.3% YoY). Calculated
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Net result improved
Net result +580.7k NOK → +796.5k NOK (net margin 27.2% → 31.6%). Calculated
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Equity strengthened
Book equity 46.3k NOK → 57.9k NOK (equity ratio 4.3% → 4.0%). Calculated
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Payroll decreased
Salary cost 909.1k NOK → 902.7k NOK (43% → 36% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +741.6k NOK → +17.4k NOK (op. margin 34.8% → 0.7%). Calculated
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↓
Cash fell
Bank deposits 658.3k NOK → 244.0k NOK (-62.9% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 4.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation