ADVOKATFIRMAET YTTERBØL & CO AS: årsregnskap 2023 vs 2022
Grew 9% on revenue
approved 2024-02-15; registry 2024-03-21; journal 2024 334563
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET YTTERBØL & CO AS. Revenue 46.37m NOK → 50.54m NOK (+9.0%). Net result +8.90m NOK → +8.97m NOK. Equity 2.10m NOK → 1.93m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET YTTERBØL & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 46.37m NOK to 50.54m NOK (+9.0% YoY). Calculated
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↑
Operating result improved
Operating result +11.43m NOK → +11.49m NOK (op. margin 24.7% → 22.7%). Calculated
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↑
Cash rose
Bank deposits 7.82m NOK → 9.21m NOK (+17.8% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 2.10m NOK → 1.93m NOK (equity ratio 9.4% → 7.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 224.0k NOK → 196.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 26.76m NOK → 30.18m NOK (58% → 60% of revenue). Calculated