Org.nr 988 988 065 2021 → 2022 Year-over-year analysis

ADVOKAT LEIRVÅG AS: årsregnskap 2022 vs 2021

Shrank 39% on revenue, weaker earnings

approved 2023-04-28; registry 2023-05-02; journal 2023 380336

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT LEIRVÅG AS. Revenue 2.82m NOK → 1.71m NOK (-39.3%). Net result +986.6k NOK → +34.8k NOK. Equity 440.7k NOK → 475.5k NOK.

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

Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT LEIRVÅG AS.

Scorecard

Revenue
2.82m NOK 1.71m NOK
-39.3%
Operating result
+1 117 NOK +40.0k NOK
+3481.7%
Net result
+986.6k NOK +34.8k NOK
-96.5%
Equity
440.7k NOK 475.5k NOK
+7.9%
Cash
468.7k NOK 378.8k NOK
-19.2%
Total assets
2.31m NOK 944.3k NOK
-59.0%

What improved

  • ↑

    Operating result improved

    Operating result +1 117 NOK → +40.0k NOK (op. margin 0.0% → 2.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 440.7k NOK → 475.5k NOK (equity ratio 19.1% → 50.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.82m NOK to 1.71m NOK (-39.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +986.6k NOK → +34.8k NOK (net margin 35.0% → 2.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 468.7k NOK → 378.8k NOK (-19.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 135 NOK → 1.15m NOK (0% → 67% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 51.9k NOK → 1 794 NOK (-96.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 107.2k NOK → 35.7k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 1. Reported fact