ADVOKAT LEIRVÅG AS: årsregnskap 2023 vs 2022
Grew 8% on revenue, slipped into loss
approved 2024-04-15; registry 2024-04-18; journal 2024 362243
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT LEIRVÅG AS. Revenue 1.71m NOK → 1.84m NOK (+7.8%). Net result +34.8k NOK → -687.0k NOK. Equity 475.5k NOK → -211.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADVOKAT LEIRVÅG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.71m NOK to 1.84m NOK (+7.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +40.0k NOK → +17.4k NOK (op. margin 2.3% → 0.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 34.8k NOK profit to a loss of 687.0k NOK. Calculated
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↓
Equity eroded
Book equity 475.5k NOK → -211.4k NOK (equity ratio 50.4% → -34.3%). Calculated
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↓
Cash fell
Bank deposits 378.8k NOK → 289.2k NOK (-23.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -34.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 1 794 NOK → 89.6k NOK (+4894.4% YoY). Calculated