FirmaIQ
Org.nr 993 596 124 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET VINJE AS: årsregnskap 2023 vs 2022

Shrank 20% on revenue, weaker earnings

approved 2024-04-30; registry 2024-05-04; journal 2024 392021

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET VINJE AS. Revenue 4.12m NOK → 3.28m NOK (-20.4%). Net result +1.41m NOK → +991.2k NOK. Equity 6.51m NOK → 7.43m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
4.12m NOK 3.28m NOK
-20.4%
Operating result
+1.85m NOK +956.8k NOK
-48.4%
Net result
+1.41m NOK +991.2k NOK
-29.5%
Equity
6.51m NOK 7.43m NOK
+14.1%
Cash
262.0k NOK 401.1k NOK
+53.1%
Total assets
8.05m NOK 8.52m NOK
+5.8%

What improved

  • ↑

    Equity strengthened

    Book equity 6.51m NOK → 7.43m NOK (equity ratio 80.9% → 87.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 262.0k NOK → 401.1k NOK (+53.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.12m NOK to 3.28m NOK (-20.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.85m NOK → +956.8k NOK (op. margin 45.0% → 29.2%). Calculated

  • ↓

    Net result weakened

    Net result +1.41m NOK → +991.2k NOK (net margin 34.1% → 30.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.79m NOK → 1.85m NOK (43% → 56% of revenue). Calculated