FirmaIQ
Org.nr 915 596 320 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET LARSEN & CO KONTORDRIFT AS: årsregnskap 2022 vs 2021

Grew 7% on revenue, returned to profit

approved 2023-03-07; registry 2023-03-27; journal 2023 336710

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET LARSEN & CO KONTORDRIFT AS. Revenue 10.66m NOK → 11.39m NOK (+6.8%). Net result -148.3k NOK → +90.4k NOK. Equity 299.8k NOK → 390.1k 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 LARSEN & CO KONTORDRIFT AS.

At a glance

Scorecard

Revenue
10.66m NOK 11.39m NOK
+6.8%
Operating result
-148.3k NOK +90.5k NOK
+161.0%
Net result
-148.3k NOK +90.4k NOK
+160.9%
Equity
299.8k NOK 390.1k NOK
+30.1%
Cash
1.05m NOK 959.9k NOK
-8.2%
Total assets
1.88m NOK 1.94m NOK
+3.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.66m NOK to 11.39m NOK (+6.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -148.3k NOK → +90.5k NOK (op. margin -1.4% → 0.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 148.3k NOK to a profit of 90.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 299.8k NOK → 390.1k NOK (equity ratio 16.0% → 20.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.05m NOK → 959.9k NOK (-8.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6.39m NOK → 6.63m NOK (60% → 58% of revenue). Calculated