Org.nr 974 675 366 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET LEGALIS AS: årsregnskap 2023 vs 2022

Grew 22% on revenue, stronger earnings

approved 2024-04-04; registry 2024-04-18; journal 2024 364103

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET LEGALIS AS. Revenue 48.64m NOK → 59.44m NOK (+22.2%). Net result +125.9k NOK → +3.53m NOK. Equity 5.95m NOK → 6.98m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

Scorecard

Revenue
48.64m NOK 59.44m NOK
+22.2%
Operating result
+2.92m NOK +4.58m NOK
+57.2%
Net result
+125.9k NOK +3.53m NOK
+2702.8%
Equity
5.95m NOK 6.98m NOK
+17.3%
Cash
6.37m NOK 7.69m NOK
+20.7%
Total assets
16.63m NOK 20.12m NOK
+21.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 48.64m NOK to 59.44m NOK (+22.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.92m NOK → +4.58m NOK (op. margin 6.0% → 7.7%). Calculated

  • ↑

    Net result improved

    Net result +125.9k NOK → +3.53m NOK (net margin 0.3% → 5.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.95m NOK → 6.98m NOK (equity ratio 35.8% → 34.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.37m NOK → 7.69m NOK (+20.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 27.21m NOK → 33.91m NOK (56% → 57% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.51m NOK → 1.64m NOK (+8.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.12m NOK → 1.13m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 32 → 30. Reported fact