FirmaIQ
Org.nr 926 402 706 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET ASBJØRN LØVIK AS: årsregnskap 2022 vs 2021

Grew 101564% on revenue, weaker earnings

approved 2023-04-12; registry 2023-04-22; journal 2023 362742

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET ASBJØRN LØVIK AS. Revenue 2 226 NOK → 2.26m NOK (+101564.0%). Net result +4.12m NOK → +165.1k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET ASBJØRN LØVIK AS.

At a glance

Scorecard

Revenue
2 226 NOK 2.26m NOK
+101564.0%
Operating result
+158.4k NOK +226.1k NOK
+42.8%
Net result
+4.12m NOK +165.1k NOK
-96.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 226 NOK to 2.26m NOK (+101564.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +158.4k NOK → +226.1k NOK (op. margin 7114.8% → 10.0%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +4.12m NOK → +165.1k NOK (net margin 185134.1% → 7.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 315 NOK → 1.31m NOK (59% → 58% of revenue). Calculated