Org.nr 813 744 082 2022 → 2023 Year-over-year analysis

ADVOKAT ØYSTEIN HANSEN AS: årsregnskap 2023 vs 2022

Grew 8% on revenue, stronger earnings, cash halved-plus

approved 2024-03-12; registry 2024-03-21; journal 2024 334082

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT ØYSTEIN HANSEN AS. Revenue 778.1k NOK → 837.5k NOK (+7.6%). Net result -22.1k NOK → -7 149 NOK. Equity 136.7k NOK → 129.6k NOK.

On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.

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

Scorecard

Revenue
778.1k NOK 837.5k NOK
+7.6%
Operating result
-17.4k NOK -19.1k NOK
-9.7%
Net result
-22.1k NOK -7 149 NOK
+67.6%
Equity
136.7k NOK 129.6k NOK
-5.2%
Cash
110.5k NOK 43.6k NOK
-60.5%
Total assets
342.8k NOK 345.2k NOK
+0.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 778.1k NOK to 837.5k NOK (+7.6% YoY). Calculated

  • ↑

    Net result improved

    Net result -22.1k NOK → -7 149 NOK (net margin -2.8% → -0.9%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -17.4k NOK → -19.1k NOK (op. margin -2.2% → -2.3%). Calculated

  • ↓

    Equity eroded

    Book equity 136.7k NOK → 129.6k NOK (equity ratio 39.9% → 37.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 110.5k NOK → 43.6k NOK (-60.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 419.3k NOK → 457.6k NOK (54% → 55% of revenue). Calculated