ADVOKATFIRMAET LANDSVIK & LARSEN AS: årsregnskap 2023 vs 2022
Shrank 23% on revenue, weaker earnings
approved 2024-04-26; registry 2024-05-02; journal 2024 386662
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET LANDSVIK & LARSEN AS. Revenue 10.09m NOK → 7.74m NOK (-23.3%). Net result +2.58m NOK → +1.21m NOK. Equity 2.71m NOK → 2.33m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET LANDSVIK & LARSEN AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.09m NOK to 7.74m NOK (-23.3% YoY). Calculated
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↓
Operating result weakened
Operating result +3.32m NOK → +1.57m NOK (op. margin 32.9% → 20.2%). Calculated
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↓
Net result weakened
Net result +2.58m NOK → +1.21m NOK (net margin 25.6% → 15.7%). Calculated
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↓
Equity eroded
Book equity 2.71m NOK → 2.33m NOK (equity ratio 55.8% → 59.6%). Calculated
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↓
Cash fell
Bank deposits 1.54m NOK → 1.07m NOK (-30.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 231.9k NOK → 98.8k NOK (-57.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 42.9k NOK → 0 NOK. Reported fact