Org.nr 926 411 497 2022 → 2023 Year-over-year analysis

ADVOKAT OLE MORTEN OLLI SARA AS: årsregnskap 2023 vs 2022

Grew 229% on revenue, slipped into loss

approved 2024-03-19; registry 2024-06-06; journal 2024 488908

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT OLE MORTEN OLLI SARA AS. Revenue 510.4k NOK → 1.68m NOK (+228.9%). Net result +438.5k NOK → -49.1k NOK. Equity 765.0k NOK → 715.9k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: cogs moved; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT OLE MORTEN OLLI SARA AS.

Scorecard

Revenue
510.4k NOK 1.68m NOK
+228.9%
Operating result
+563 NOK -46.4k NOK
-8340.0%
Net result
+438.5k NOK -49.1k NOK
-111.2%
Equity
765.0k NOK 715.9k NOK
-6.4%
Cash
404.4k NOK 236.6k NOK
-41.5%
Total assets
98.1k NOK 920.2k NOK
+837.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 510.4k NOK to 1.68m NOK (+228.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.47m NOK → 929.7k NOK (484% → 55% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +563 NOK → -46.4k NOK (op. margin 0.1% → -2.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 438.5k NOK profit to a loss of 49.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 765.0k NOK → 715.9k NOK (equity ratio 779.6% → 77.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 404.4k NOK → 236.6k NOK (-41.5% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2 858 NOK → 98.2k NOK (+3335.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 36.6k NOK → 0 NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 2. Reported fact