ADVOKAT ØYVIND TVEDT AS: årsregnskap 2023 vs 2022
Grew 90922% on revenue, weaker earnings
approved 2024-04-12; registry 2024-04-17; journal 2024 361220
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT ØYVIND TVEDT AS. Revenue 3 003 NOK → 2.73m NOK (+90922.3%). Net result +1.37m NOK → +1.04m NOK. Equity 8.41m NOK → 443.1k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT ØYVIND TVEDT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3 003 NOK to 2.73m NOK (+90922.3% YoY). Calculated
-
↑
Operating result improved
Operating result +1 751 NOK → +1.33m NOK (op. margin 58.3% → 48.6%). Calculated
-
↑
Cash rose
Bank deposits 1 347 NOK → 1.24m NOK (+92114.6% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result +1.37m NOK → +1.04m NOK (net margin 45547.3% → 37.9%). Calculated
-
↓
Equity eroded
Book equity 8.41m NOK → 443.1k NOK (equity ratio 364.4% → 21.6%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2 819 NOK → 869.3k NOK (94% → 32% of revenue). Calculated