Org.nr 918 824 898 2022 → 2023 Year-over-year analysis

ADVOKATKONTORET MYHR & CO AS: årsregnskap 2023 vs 2022

Grew 48% on revenue, stronger earnings

approved 2024-03-19; registry 2024-03-30; journal 2024 340381

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATKONTORET MYHR & CO AS. Revenue 6.66m NOK → 9.86m NOK (+48.2%). Net result +58.3k NOK → +545.6k NOK. Equity 452.0k NOK → 697.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATKONTORET MYHR & CO AS.

Scorecard

Revenue
6.66m NOK 9.86m NOK
+48.2%
Operating result
+68.8k NOK +762.2k NOK
+1007.2%
Net result
+58.3k NOK +545.6k NOK
+835.3%
Equity
452.0k NOK 697.7k NOK
+54.3%
Cash
5.98m NOK 6.43m NOK
+7.5%
Total assets
7.33m NOK 9.33m NOK
+27.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.66m NOK to 9.86m NOK (+48.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +68.8k NOK → +762.2k NOK (op. margin 1.0% → 7.7%). Calculated

  • ↑

    Net result improved

    Net result +58.3k NOK → +545.6k NOK (net margin 0.9% → 5.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 452.0k NOK → 697.7k NOK (equity ratio 6.2% → 7.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.98m NOK → 6.43m NOK (+7.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.38m NOK → 7.40m NOK (81% → 75% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 301.3k NOK → 582.4k NOK (+93.3% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 4. Reported fact