FirmaIQ
Org.nr 921 397 933 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET LILAND AS: årsregnskap 2022 vs 2021

Shrank 97% on revenue, stronger earnings

approved 2023-11-07; registry 2023-11-09; journal 2023 736885

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET LILAND AS. Revenue 446.4k NOK → 13.3k NOK (-97.0%). Net result -607.5k NOK → -172.8k NOK. Equity 31.9k NOK → -140.9k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET LILAND AS.

At a glance

Scorecard

Revenue
446.4k NOK 13.3k NOK
-97.0%
Operating result
-777.8k NOK +13.1k NOK
+101.7%
Net result
-607.5k NOK -172.8k NOK
+71.5%
Equity
31.9k NOK -140.9k NOK
-541.5%
Cash
14.0k NOK 15.7k NOK
+12.2%
Total assets
281.6k NOK 72.1k NOK
-74.4%

What improved

  • ↑

    Operating result improved

    Operating result -777.8k NOK → +13.1k NOK (op. margin -174.3% → 98.7%). Calculated

  • ↑

    Net result improved

    Net result -607.5k NOK → -172.8k NOK (net margin -136.1% → -1301.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 14.0k NOK → 15.7k NOK (+12.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 872.0k NOK → -83.2k NOK (195% → -627% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 446.4k NOK to 13.3k NOK (-97.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 31.9k NOK → -140.9k NOK (equity ratio 11.3% → -195.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -195.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation