3. LEG CONSULTING AS: årsregnskap 2023 vs 2022
Grew 9% on revenue, weaker earnings, cash halved-plus
approved 2024-06-28; registry 2024-07-15; journal 2024 638929
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 3. LEG CONSULTING AS. Revenue 2.95m NOK → 3.21m NOK (+8.9%). Net result +769.8k NOK → +358.6k NOK. Equity 891.7k NOK → 250.3k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for 3. LEG CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.95m NOK to 3.21m NOK (+8.9% YoY). Calculated
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↑
Operating result improved
Operating result +18.3k NOK → +669.9k NOK (op. margin 0.6% → 20.9%). Calculated
What deteriorated
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↓
Net result weakened
Net result +769.8k NOK → +358.6k NOK (net margin 26.1% → 11.2%). Calculated
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↓
Equity eroded
Book equity 891.7k NOK → 250.3k NOK (equity ratio 314.7% → 5.0%). Calculated
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↓
Cash fell
Bank deposits 317.3k NOK → 79.6k NOK (-74.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.31m NOK → 1.66m NOK (44% → 52% of revenue). Calculated