Org.nr 926 523 686 2022 → 2023 Year-over-year analysis

ADVOKAT KOLBJØRN LIUM AS: årsregnskap 2023 vs 2022

Grew 29% on revenue, stronger earnings

approved 2024-03-20; registry 2024-04-04; journal 2024 344579

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT KOLBJØRN LIUM AS. Revenue 2.09m NOK → 2.71m NOK (+29.4%). Net result +491.7k NOK → +721.5k NOK. Equity 224.7k NOK → 1.95m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT KOLBJØRN LIUM AS.

Scorecard

Revenue
2.09m NOK 2.71m NOK
+29.4%
Operating result
+619.5k NOK +880.7k NOK
+42.2%
Net result
+491.7k NOK +721.5k NOK
+46.7%
Equity
224.7k NOK 1.95m NOK
+766.1%
Cash
1.48m NOK 2.44m NOK
+64.0%
Total assets
1.71m NOK 2.59m NOK
+51.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.09m NOK to 2.71m NOK (+29.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +619.5k NOK → +880.7k NOK (op. margin 29.6% → 32.5%). Calculated

  • ↑

    Net result improved

    Net result +491.7k NOK → +721.5k NOK (net margin 23.5% → 26.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 224.7k NOK → 1.95m NOK (equity ratio 13.1% → 75.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.48m NOK → 2.44m NOK (+64.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 954.8k NOK → 1.23m NOK (46% → 45% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 17.1k NOK → 87.3k NOK (+409.0% YoY). Calculated