Org.nr 926 402 706 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET ASBJØRN LØVIK AS: årsregnskap 2023 vs 2022

Grew 10% on revenue, stronger earnings

approved 2024-03-22; registry 2024-04-17; journal 2024 360742

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET ASBJØRN LØVIK AS. Revenue 2.26m NOK → 2.49m NOK (+9.8%). Net result +165.1k NOK → +420.3k NOK.

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

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

Scorecard

Revenue
2.26m NOK 2.49m NOK
+9.8%
Operating result
+226.1k NOK +578.0k NOK
+155.7%
Net result
+165.1k NOK +420.3k NOK
+154.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.26m NOK to 2.49m NOK (+9.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +226.1k NOK → +578.0k NOK (op. margin 10.0% → 23.3%). Calculated

  • ↑

    Net result improved

    Net result +165.1k NOK → +420.3k NOK (net margin 7.3% → 16.9%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 32.6k NOK → 11.2k NOK (-65.5% YoY). Calculated