Org.nr 996 467 511 2022 → 2023 Year-over-year analysis

ADVOKATORIET AS: årsregnskap 2023 vs 2022

Grew 7% on revenue, weaker earnings

approved 2024-04-29; registry 2024-05-04; journal 2024 389998

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATORIET AS. Revenue 4.22m NOK → 4.54m NOK (+7.5%). Net result +998.5k NOK → +181.2k NOK. Equity 194.7k NOK → 1.28m NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVOKATORIET AS.

Scorecard

Revenue
4.22m NOK 4.54m NOK
+7.5%
Operating result
+302.1k NOK +1.52m NOK
+402.7%
Net result
+998.5k NOK +181.2k NOK
-81.9%
Equity
194.7k NOK 1.28m NOK
+555.3%
Cash
923.0k NOK 759.0k NOK
-17.8%
Total assets
1.91m NOK 2.02m NOK
+5.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.22m NOK to 4.54m NOK (+7.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +302.1k NOK → +1.52m NOK (op. margin 7.2% → 33.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 194.7k NOK → 1.28m NOK (equity ratio 10.2% → 63.2%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +998.5k NOK → +181.2k NOK (net margin 23.6% → 4.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 923.0k NOK → 759.0k NOK (-17.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 44.1k NOK → 49.2k NOK (+11.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 34.8k NOK → 0 NOK. Reported fact