Org.nr 997 066 766 2022 → 2023 Year-over-year analysis

ADVOKAT KJELL MYRLAND AS: årsregnskap 2023 vs 2022

Grew 72% on revenue, returned to profit

approved 2024-04-29; registry 2024-05-02; journal 2024 388840

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT KJELL MYRLAND AS. Revenue 1.42m NOK → 2.43m NOK (+71.9%). Net result -255.9k NOK → +5.39m NOK. Equity 293.4k NOK → 685.3k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT KJELL MYRLAND AS.

Scorecard

Revenue
1.42m NOK 2.43m NOK
+71.9%
Operating result
-255.5k NOK +393.3k NOK
+253.9%
Net result
-255.9k NOK +5.39m NOK
+2207.0%
Equity
293.4k NOK 685.3k NOK
+133.6%
Cash
15.9k NOK 569.4k NOK
+3485.2%
Total assets
449.7k NOK 97.2k NOK
-78.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.42m NOK to 2.43m NOK (+71.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -255.5k NOK → +393.3k NOK (op. margin -18.0% → 16.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 255.9k NOK to a profit of 5.39m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 293.4k NOK → 685.3k NOK (equity ratio 65.2% → 705.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 15.9k NOK → 569.4k NOK (+3485.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 385.3k NOK → 568.5k NOK (27% → 23% of revenue). Calculated