Org.nr 919 280 700 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET ØIVIND ØSTBERG AS: årsregnskap 2023 vs 2022

Grew 16% on revenue, returned to profit

approved 2024-04-30; registry 2024-05-04; journal 2024 392551

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET ØIVIND ØSTBERG AS. Revenue 1.04m NOK → 1.22m NOK (+16.5%). Net result -275.3k NOK → +153.9k NOK. Equity 289.3k NOK → 443.2k NOK.

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

Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ØIVIND ØSTBERG AS.

Scorecard

Revenue
1.04m NOK 1.22m NOK
+16.5%
Operating result
-276.0k NOK +145.0k NOK
+152.5%
Net result
-275.3k NOK +153.9k NOK
+155.9%
Equity
289.3k NOK 443.2k NOK
+53.2%
Cash
145.5k NOK 204.4k NOK
+40.4%
Total assets
516.4k NOK 728.0k NOK
+41.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.04m NOK to 1.22m NOK (+16.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -276.0k NOK → +145.0k NOK (op. margin -26.4% → 11.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 275.3k NOK to a profit of 153.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 289.3k NOK → 443.2k NOK (equity ratio 56.0% → 60.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 145.5k NOK → 204.4k NOK (+40.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 323.4k NOK → 245.0k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 1. Reported fact