Org.nr 977 470 064 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS: årsregnskap 2022 vs 2021

Grew 20% on revenue, returned to profit

approved 2023-03-14; registry 2023-03-16; journal 2023 326403

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS. Revenue 14.33m NOK → 17.25m NOK (+20.3%). Net result -404.0k NOK → +1.33m NOK. Equity -293.2k NOK → 135.7k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS.

Scorecard

Revenue
14.33m NOK 17.25m NOK
+20.3%
Operating result
-521.0k NOK +771.0k NOK
+248.0%
Net result
-404.0k NOK +1.33m NOK
+428.9%
Equity
-293.2k NOK 135.7k NOK
+146.3%
Cash
499.0k NOK 415.7k NOK
-16.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.33m NOK to 17.25m NOK (+20.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -521.0k NOK → +771.0k NOK (op. margin -3.6% → 4.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 404.0k NOK to a profit of 1.33m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -293.2k NOK → 135.7k NOK. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 499.0k NOK → 415.7k NOK (-16.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 11.11m NOK → 11.44m NOK (78% → 66% of revenue). Calculated