Org.nr 916 823 339 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET LEXIS AS: årsregnskap 2022 vs 2021

Grew 38% on revenue, cash halved-plus

approved 2023-04-26; registry 2023-05-02; journal 2023 379714

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET LEXIS AS. Revenue 10.07m NOK → 13.88m NOK (+37.8%). Net result +489.0k NOK → +489.0k NOK. Equity 3.21m NOK → 1.74m NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET LEXIS AS.

Scorecard

Revenue
10.07m NOK 13.88m NOK
+37.8%
Operating result
+627.3k NOK +28.7k NOK
-95.4%
Net result
+489.0k NOK +489.0k NOK
0.0%
Equity
3.21m NOK 1.74m NOK
-45.8%
Cash
2.65m NOK 585.4k NOK
-77.9%
Total assets
4.42m NOK 7.11m NOK
+61.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.07m NOK to 13.88m NOK (+37.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 29.3k NOK → 565 NOK (0% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +627.3k NOK → +28.7k NOK (op. margin 6.2% → 0.2%). Calculated

  • ↓

    Equity eroded

    Book equity 3.21m NOK → 1.74m NOK (equity ratio 72.7% → 24.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.65m NOK → 585.4k NOK (-77.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.65m NOK → 585.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 957.3k NOK → 1.12m NOK (+16.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 67.3k NOK → 81.0k NOK. Reported fact