ADVOKATFIRMAET LANDSVIK & LARSEN AS: årsregnskap 2022 vs 2021
Grew 31% on revenue, stronger earnings
approved 2023-04-28; registry 2023-05-04; journal 2023 385763
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET LANDSVIK & LARSEN AS. Revenue 7.72m NOK → 10.09m NOK (+30.7%). Net result +2.01m NOK → +2.58m NOK. Equity 2.08m NOK → 2.71m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET LANDSVIK & LARSEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 7.72m NOK to 10.09m NOK (+30.7% YoY). Calculated
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Operating result improved
Operating result +609.4k NOK → +3.32m NOK (op. margin 7.9% → 32.9%). Calculated
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Net result improved
Net result +2.01m NOK → +2.58m NOK (net margin 26.1% → 25.6%). Calculated
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Equity strengthened
Book equity 2.08m NOK → 2.71m NOK (equity ratio 53.5% → 55.8%). Calculated
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Cash rose
Bank deposits 630.4k NOK → 1.54m NOK (+143.7% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 4.08m NOK → 5.33m NOK (53% → 53% of revenue). Calculated
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COGS moved
COGS / varekostnad 166.4k NOK → 231.9k NOK (+39.3% YoY). Calculated