FirmaIQ
Org.nr 977 557 445 2022 → 2023 Year-over-year analysis

ADVOKATSELSKAPET JUSTITIA AS: årsregnskap 2023 vs 2022

Grew 40% on revenue, stronger earnings

approved 2024-04-30; registry 2024-05-06; journal 2024 397222

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATSELSKAPET JUSTITIA AS. Revenue 7.47m NOK → 10.46m NOK (+40.1%). Net result +1.28m NOK → +3.43m NOK. Equity 4.33m NOK → 5.26m NOK.

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

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

At a glance

Scorecard

Revenue
7.47m NOK 10.46m NOK
+40.1%
Operating result
+1.62m NOK +4.32m NOK
+166.9%
Net result
+1.28m NOK +3.43m NOK
+167.4%
Equity
4.33m NOK 5.26m NOK
+21.6%
Cash
2.76m NOK 2.27m NOK
-17.5%
Total assets
6.20m NOK 7.57m NOK
+22.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.47m NOK to 10.46m NOK (+40.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.62m NOK → +4.32m NOK (op. margin 21.7% → 41.3%). Calculated

  • ↑

    Net result improved

    Net result +1.28m NOK → +3.43m NOK (net margin 17.2% → 32.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.33m NOK → 5.26m NOK (equity ratio 69.8% → 69.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.76m NOK → 2.27m NOK (-17.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.48m NOK → 4.49m NOK (60% → 43% of revenue). Calculated