Org.nr 889 553 472 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET WANGBERG AS: årsregnskap 2023 vs 2022

Grew 21% on revenue, weaker earnings

approved 2024-04-15; registry 2024-04-22; journal 2024 370040

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET WANGBERG AS. Revenue 4.95m NOK → 5.97m NOK (+20.7%). Net result +930.4k NOK → +715.2k NOK. Equity 530.2k NOK → 545.4k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
4.95m NOK 5.97m NOK
+20.7%
Operating result
n/m +904.3k NOK
—
Net result
+930.4k NOK +715.2k NOK
-23.1%
Equity
530.2k NOK 545.4k NOK
+2.9%
Cash
453.1k NOK 430.8k NOK
-4.9%
Total assets
3.10m NOK 2.54m NOK
-18.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.95m NOK to 5.97m NOK (+20.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 530.2k NOK → 545.4k NOK (equity ratio 17.1% → 21.5%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +930.4k NOK → +715.2k NOK (net margin 18.8% → 12.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 453.1k NOK → 430.8k NOK (-4.9% YoY). Calculated