Org.nr 989 187 562 2022 → 2023 Year-over-year analysis

ADVOKAT JØRN EIKANGER AS: årsregnskap 2023 vs 2022

Grew 7% on revenue

approved 2024-04-16; registry 2024-04-18; journal 2024 363936

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT JØRN EIKANGER AS. Revenue 3.73m NOK → 3.97m NOK (+6.6%). Net result +1.76m NOK → +1.89m NOK. Equity 497.9k NOK → 587.3k 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 JØRN EIKANGER AS.

Scorecard

Revenue
3.73m NOK 3.97m NOK
+6.6%
Operating result
+2.25m NOK +2.33m NOK
+3.7%
Net result
+1.76m NOK +1.89m NOK
+7.4%
Equity
497.9k NOK 587.3k NOK
+18.0%
Cash
2.54m NOK 3.63m NOK
+43.0%
Total assets
2.93m NOK 4.10m NOK
+40.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.73m NOK to 3.97m NOK (+6.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.25m NOK → +2.33m NOK (op. margin 60.3% → 58.7%). Calculated

  • ↑

    Net result improved

    Net result +1.76m NOK → +1.89m NOK (net margin 47.2% → 47.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 497.9k NOK → 587.3k NOK (equity ratio 17.0% → 14.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.54m NOK → 3.63m NOK (+43.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 672.7k NOK → 2.68m NOK (18% → 68% of revenue). Calculated