ADVOKAT PER ANDERS LØVSLETTEN AS: årsregnskap 2023 vs 2022
Grew 48% on revenue, stronger earnings
approved 2024-04-24; registry 2024-04-29; journal 2024 382031
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKAT PER ANDERS LØVSLETTEN AS. Revenue 602.3k NOK → 890.8k NOK (+47.9%). Net result +43.9k NOK → +271.6k NOK. Equity 253.4k NOK → 305 NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKAT PER ANDERS LØVSLETTEN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 602.3k NOK to 890.8k NOK (+47.9% YoY). Calculated
-
↑
Operating result improved
Operating result +73.2k NOK → +339.9k NOK (op. margin 12.2% → 38.2%). Calculated
-
↑
Net result improved
Net result +43.9k NOK → +271.6k NOK (net margin 7.3% → 30.5%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 253.4k NOK → 305 NOK (equity ratio 70.5% → 0.1%). Calculated
-
↓
Cash fell
Bank deposits 294.5k NOK → 291.2k NOK (-1.1% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 210.7k NOK → 2.23m NOK (35% → 251% of revenue). Calculated