Org.nr 974 675 366 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET LEGALIS AS: årsregnskap 2022 vs 2021

Grew 15% on revenue, weaker earnings

approved 2023-04-21; registry 2023-04-27; journal 2023 373815

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET LEGALIS AS. Revenue 42.40m NOK → 48.64m NOK (+14.7%). Net result +930.3k NOK → +125.9k NOK. Equity 5.82m NOK → 5.95m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

Also worth watching: payroll increased; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET LEGALIS AS.

Scorecard

Revenue
42.40m NOK 48.64m NOK
+14.7%
Operating result
+1.15m NOK +2.92m NOK
+152.7%
Net result
+930.3k NOK +125.9k NOK
-86.5%
Equity
5.82m NOK 5.95m NOK
+2.2%
Cash
3.15m NOK 6.37m NOK
+102.5%
Total assets
14.03m NOK 16.63m NOK
+18.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 42.40m NOK to 48.64m NOK (+14.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.15m NOK → +2.92m NOK (op. margin 2.7% → 6.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.82m NOK → 5.95m NOK (equity ratio 41.5% → 35.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.15m NOK → 6.37m NOK (+102.5% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +930.3k NOK → +125.9k NOK (net margin 2.2% → 0.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 24.23m NOK → 27.21m NOK (57% → 56% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.21m NOK → 1.12m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 32. Reported fact