Org.nr 894 266 732 2021 → 2022 Year-over-year analysis

ADVOKAT PER ANDERS LØVSLETTEN AS: årsregnskap 2022 vs 2021

Shrank 8% on revenue, weaker earnings

approved 2023-04-28; registry 2023-05-02; journal 2023 380944

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT PER ANDERS LØVSLETTEN AS. Revenue 657.3k NOK → 602.3k NOK (-8.4%). Net result +104.0k NOK → +43.9k NOK. Equity 209.5k NOK → 253.4k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
657.3k NOK 602.3k NOK
-8.4%
Operating result
+133.2k NOK +73.2k NOK
-45.0%
Net result
+104.0k NOK +43.9k NOK
-57.8%
Equity
209.5k NOK 253.4k NOK
+21.0%
Cash
146.7k NOK 294.5k NOK
+100.8%
Total assets
323.4k NOK 359.5k NOK
+11.2%

What improved

  • ↑

    Equity strengthened

    Book equity 209.5k NOK → 253.4k NOK (equity ratio 64.8% → 70.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 146.7k NOK → 294.5k NOK (+100.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 277.9k NOK → 210.7k NOK (42% → 35% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 657.3k NOK to 602.3k NOK (-8.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +133.2k NOK → +73.2k NOK (op. margin 20.3% → 12.2%). Calculated

  • ↓

    Net result weakened

    Net result +104.0k NOK → +43.9k NOK (net margin 15.8% → 7.3%). Calculated