Org.nr 996 357 503 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET LEX AS: årsregnskap 2022 vs 2021

Shrank 98% on revenue, returned to profit

approved 2023-04-17; registry 2023-04-22; journal 2023 363448

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET LEX AS. Revenue 194.7k NOK → 3 508 NOK (-98.2%). Net result -71.3k NOK → +1 812 NOK. Equity 1.64m NOK → 1.64m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET LEX AS.

Scorecard

Revenue
194.7k NOK 3 508 NOK
-98.2%
Operating result
-90.7k NOK +5 392 NOK
+105.9%
Net result
-71.3k NOK +1 812 NOK
+102.5%
Equity
1.64m NOK 1.64m NOK
+0.1%
Cash
1 093 NOK 486.6k NOK
+44423.4%
Total assets
1.69m NOK 2.62m NOK
+54.8%

What improved

  • ↑

    Operating result improved

    Operating result -90.7k NOK → +5 392 NOK (op. margin -46.6% → 153.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 71.3k NOK to a profit of 1 812 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.64m NOK → 1.64m NOK (equity ratio 96.7% → 62.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 093 NOK → 486.6k NOK (+44423.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 194.7k NOK to 3 508 NOK (-98.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 2.76m NOK (0% → 78662% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 585 NOK → 51.9k NOK (+8773.3% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact