FirmaIQ
Org.nr 927 434 768 2022 → 2023 Year-over-year analysis

ADVOKAT BJØRN O. ØIULFSTAD AS: årsregnskap 2023 vs 2022

Grew 21% on revenue, stronger earnings

approved 2024-02-07; registry 2024-02-15; journal 2024 307088

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT BJØRN O. ØIULFSTAD AS. Revenue 1.56m NOK → 1.87m NOK (+20.5%). Net result +417.5k NOK → +642.2k NOK. Equity 1.03m NOK → 1.67m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT BJØRN O. ØIULFSTAD AS.

At a glance

Scorecard

Revenue
1.56m NOK 1.87m NOK
+20.5%
Operating result
+536.9k NOK +820.8k NOK
+52.9%
Net result
+417.5k NOK +642.2k NOK
+53.8%
Equity
1.03m NOK 1.67m NOK
+62.6%
Cash
75.5k NOK 1.65m NOK
+2080.8%
Total assets
1.42m NOK 2.17m NOK
+52.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.56m NOK to 1.87m NOK (+20.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +536.9k NOK → +820.8k NOK (op. margin 34.5% → 43.8%). Calculated

  • ↑

    Net result improved

    Net result +417.5k NOK → +642.2k NOK (net margin 26.8% → 34.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.03m NOK → 1.67m NOK (equity ratio 72.0% → 77.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 75.5k NOK → 1.65m NOK (+2080.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4 739 NOK → 707.3k NOK (0% → 38% of revenue). Calculated