Org.nr 927 270 447 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET WERGELAND AS: årsregnskap 2023 vs 2022

Grew 382% on revenue, returned to profit

approved 2024-04-30; registry 2024-06-04; journal 2024 482558

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET WERGELAND AS. Revenue 543.2k NOK → 2.62m NOK (+381.8%). Net result -105.1k NOK → +171.8k NOK. Equity -57.4k NOK → 114.4k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET WERGELAND AS.

Scorecard

Revenue
543.2k NOK 2.62m NOK
+381.8%
Operating result
-103.0k NOK +220.8k NOK
+314.4%
Net result
-105.1k NOK +171.8k NOK
+263.4%
Equity
-57.4k NOK 114.4k NOK
+299.3%
Cash
119.5k NOK 82.2k NOK
-31.2%
Total assets
418.3k NOK 731.0k NOK
+74.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 543.2k NOK to 2.62m NOK (+381.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -103.0k NOK → +220.8k NOK (op. margin -19.0% → 8.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 105.1k NOK to a profit of 171.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -57.4k NOK → 114.4k NOK (equity ratio -13.7% → 15.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 119.5k NOK → 82.2k NOK (-31.2% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 2. Reported fact