FirmaIQ
Org.nr 828 950 452 2022 → 2023 Year-over-year analysis

ADVOKAT KJETIL OTTESEN AS: årsregnskap 2023 vs 2022

Grew 96151% on revenue, stronger earnings

registry 2024-05-02; journal 2024 388636

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT KJETIL OTTESEN AS. Revenue 3 489 NOK → 3.36m NOK (+96151.4%). Net result +1.16m NOK → +5.55m NOK. Equity 1.19m NOK → 1.74m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKAT KJETIL OTTESEN AS.

At a glance

Scorecard

Revenue
3 489 NOK 3.36m NOK
+96151.4%
Operating result
+1 488 NOK +715.0k NOK
+47949.1%
Net result
+1.16m NOK +5.55m NOK
+378.4%
Equity
1.19m NOK 1.74m NOK
+46.7%
Cash
1 402 NOK 1.31m NOK
+93341.3%
Total assets
2.53m NOK 2.45m NOK
-3.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3 489 NOK to 3.36m NOK (+96151.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1 488 NOK → +715.0k NOK (op. margin 42.6% → 21.3%). Calculated

  • ↑

    Net result improved

    Net result +1.16m NOK → +5.55m NOK (net margin 33270.9% → 165.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.19m NOK → 1.74m NOK (equity ratio 46.9% → 71.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 402 NOK → 1.31m NOK (+93341.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 77.7k NOK → 140.5k NOK (+80.8% YoY). Calculated