Org.nr 926 523 686 2021 → 2022 Year-over-year analysis

ADVOKAT KOLBJØRN LIUM AS: årsregnskap 2022 vs 2021

Shrank 7% on revenue, weaker earnings

approved 2023-03-28; registry 2023-04-03; journal 2023 343653

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT KOLBJØRN LIUM AS. Revenue 2.26m NOK → 2.09m NOK (-7.3%). Net result +713.5k NOK → +491.7k NOK. Equity 733.0k NOK → 224.7k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT KOLBJØRN LIUM AS.

Scorecard

Revenue
2.26m NOK 2.09m NOK
-7.3%
Operating result
+911.8k NOK +619.5k NOK
-32.1%
Net result
+713.5k NOK +491.7k NOK
-31.1%
Equity
733.0k NOK 224.7k NOK
-69.3%
Cash
1 072 NOK 1.48m NOK
+138373.4%
Total assets
1.26m NOK 1.71m NOK
+36.3%

What improved

  • ↑

    Cash rose

    Bank deposits 1 072 NOK → 1.48m NOK (+138373.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.26m NOK to 2.09m NOK (-7.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +911.8k NOK → +619.5k NOK (op. margin 40.4% → 29.6%). Calculated

  • ↓

    Net result weakened

    Net result +713.5k NOK → +491.7k NOK (net margin 31.6% → 23.5%). Calculated

  • ↓

    Equity eroded

    Book equity 733.0k NOK → 224.7k NOK (equity ratio 58.4% → 13.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 852 NOK → 954.8k NOK (0% → 46% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2 100 NOK → 100.0k NOK. Reported fact