ADVOKAT ØYEHAUG AS: årsregnskap 2023 vs 2022
Grew 44% on revenue, weaker earnings
approved 2024-04-29; registry 2024-05-04; journal 2024 389344
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT ØYEHAUG AS. Revenue 2.56m NOK → 3.68m NOK (+43.8%). Net result +232.2k NOK → +601 NOK. Equity 1.82m NOK → 1.72m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKAT ØYEHAUG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.56m NOK to 3.68m NOK (+43.8% YoY). Calculated
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↑
Operating result improved
Operating result +367.1k NOK → +770.1k NOK (op. margin 14.3% → 20.9%). Calculated
What deteriorated
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↓
Net result weakened
Net result +232.2k NOK → +601 NOK (net margin 9.1% → 0.0%). Calculated
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↓
Equity eroded
Book equity 1.82m NOK → 1.72m NOK (equity ratio 62.6% → 53.9%). Calculated
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↓
Cash fell
Bank deposits 565.4k NOK → 479.2k NOK (-15.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 NOK → 2.12m NOK (0% → 57% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 77.7k NOK → 47.4k NOK (-39.0% YoY). Calculated