Org.nr 915 624 405 2022 → 2023 Year-over-year analysis

ADVOKAT SIRI ØVSTEBØ AS: årsregnskap 2023 vs 2022

Another loss-making year

approved 2024-04-25; registry 2024-05-04; journal 2024 389526

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT SIRI ØVSTEBØ AS. Revenue 856.4k NOK → 897.1k NOK (+4.8%). Net result -25.5k NOK → -35.0k NOK. Equity 103.6k NOK → 68.6k NOK.

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

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

Scorecard

Revenue
856.4k NOK 897.1k NOK
+4.8%
Operating result
-12.0k NOK -21.5k NOK
-79.3%
Net result
-25.5k NOK -35.0k NOK
-37.2%
Equity
103.6k NOK 68.6k NOK
-33.7%
Cash
12.3k NOK 29.9k NOK
+144.0%
Total assets
405.1k NOK 262.1k NOK
-35.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 856.4k NOK to 897.1k NOK (+4.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 12.3k NOK → 29.9k NOK (+144.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -12.0k NOK → -21.5k NOK (op. margin -1.4% → -2.4%). Calculated

  • ↓

    Net result weakened

    Net result -25.5k NOK → -35.0k NOK (net margin -3.0% → -3.9%). Calculated

  • ↓

    Equity eroded

    Book equity 103.6k NOK → 68.6k NOK (equity ratio 25.6% → 26.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 340.5k NOK → 356.3k NOK (40% → 40% of revenue). Calculated