Org.nr 990 835 470 2022 → 2023 Year-over-year analysis

ADVOKAT LEIF DRILLESTAD AS: årsregnskap 2023 vs 2022

Grew 7% on revenue, weaker earnings

approved 2024-04-05; registry 2024-05-02; journal 2024 388517

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT LEIF DRILLESTAD AS. Revenue 1.35m NOK → 1.45m NOK (+6.9%). Net result +36.1k NOK → +11.9k NOK. Equity 362.4k NOK → 299.3k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT LEIF DRILLESTAD AS.

Scorecard

Revenue
1.35m NOK 1.45m NOK
+6.9%
Operating result
+36.0k NOK +11.1k NOK
-69.1%
Net result
+36.1k NOK +11.9k NOK
-67.0%
Equity
362.4k NOK 299.3k NOK
-17.4%
Cash
162.1k NOK 300.8k NOK
+85.6%
Total assets
575.4k NOK 594.5k NOK
+3.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.35m NOK to 1.45m NOK (+6.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 162.1k NOK → 300.8k NOK (+85.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +36.0k NOK → +11.1k NOK (op. margin 2.7% → 0.8%). Calculated

  • ↓

    Net result weakened

    Net result +36.1k NOK → +11.9k NOK (net margin 2.7% → 0.8%). Calculated

  • ↓

    Equity eroded

    Book equity 362.4k NOK → 299.3k NOK (equity ratio 63.0% → 50.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.85m NOK → 2.98m NOK (210% → 206% of revenue). Calculated