FirmaIQ
Org.nr 989 080 822 2022 → 2023 Year-over-year analysis

ADVOKATENE LEIROS & OLSEN AS: årsregnskap 2023 vs 2022

Grew 25% on revenue, stronger earnings

approved 2024-04-25; registry 2024-05-02; journal 2024 387185

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATENE LEIROS & OLSEN AS. Revenue 12.13m NOK → 15.11m NOK (+24.6%). Net result +278.9k NOK → +658.4k NOK. Equity 2.83m NOK → 3.08m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATENE LEIROS & OLSEN AS.

At a glance

Scorecard

Revenue
12.13m NOK 15.11m NOK
+24.6%
Operating result
+330.3k NOK +710.7k NOK
+115.1%
Net result
+278.9k NOK +658.4k NOK
+136.1%
Equity
2.83m NOK 3.08m NOK
+9.1%
Cash
4.17m NOK 5.51m NOK
+32.2%
Total assets
5.89m NOK 6.96m NOK
+18.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.13m NOK to 15.11m NOK (+24.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +330.3k NOK → +710.7k NOK (op. margin 2.7% → 4.7%). Calculated

  • ↑

    Net result improved

    Net result +278.9k NOK → +658.4k NOK (net margin 2.3% → 4.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.83m NOK → 3.08m NOK (equity ratio 47.9% → 44.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.17m NOK → 5.51m NOK (+32.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 9.37m NOK → 11.61m NOK (77% → 77% of revenue). Calculated