Org.nr 918 357 408 2022 → 2023 Year-over-year analysis

ADVOKAT CAMILLA ØDEGAARD LETNES AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-04-18; registry 2024-04-22; journal 2024 368375

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT CAMILLA ØDEGAARD LETNES AS. Revenue 2.45m NOK → 2.49m NOK (+1.4%). Net result +3.60m NOK → +718.7k NOK. Equity 1.07m NOK → 3.59m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT CAMILLA ØDEGAARD LETNES AS.

Scorecard

Revenue
2.45m NOK 2.49m NOK
+1.4%
Operating result
+773.3k NOK +915.4k NOK
+18.4%
Net result
+3.60m NOK +718.7k NOK
-80.0%
Equity
1.07m NOK 3.59m NOK
+236.2%
Cash
671.9k NOK 562.2k NOK
-16.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.45m NOK to 2.49m NOK (+1.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +773.3k NOK → +915.4k NOK (op. margin 31.5% → 36.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.07m NOK → 3.59m NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +3.60m NOK → +718.7k NOK (net margin 146.6% → 28.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 671.9k NOK → 562.2k NOK (-16.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 988.7k NOK → 1.11m NOK (40% → 45% of revenue). Calculated