FirmaIQ
Org.nr 984 430 361 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET WOLD AS: årsregnskap 2023 vs 2022

Grew 13% on revenue, weaker earnings

approved 2024-04-15; registry 2024-04-17; journal 2024 361627

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET WOLD AS. Revenue 8.54m NOK → 9.62m NOK (+12.6%). Net result +900.9k NOK → +74.3k NOK. Equity 3.38m NOK → 3.45m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET WOLD AS.

At a glance

Scorecard

Revenue
8.54m NOK 9.62m NOK
+12.6%
Operating result
+1.13m NOK +1.26m NOK
+11.8%
Net result
+900.9k NOK +74.3k NOK
-91.8%
Equity
3.38m NOK 3.45m NOK
+2.2%
Cash
1.81m NOK 2.82m NOK
+55.3%
Total assets
6.47m NOK 7.12m NOK
+10.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.54m NOK to 9.62m NOK (+12.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.13m NOK → +1.26m NOK (op. margin 13.2% → 13.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.38m NOK → 3.45m NOK (equity ratio 52.2% → 48.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.81m NOK → 2.82m NOK (+55.3% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +900.9k NOK → +74.3k NOK (net margin 10.5% → 0.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.55m NOK → 6.38m NOK (65% → 66% of revenue). Calculated