Org.nr 921 566 026 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET LILLEØY- ANDERSEN AS: årsregnskap 2023 vs 2022

Grew 14% on revenue, stronger earnings

approved 2024-04-22; registry 2024-04-25; journal 2024 376653

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET LILLEØY- ANDERSEN AS. Revenue 2.00m NOK → 2.28m NOK (+14.1%). Net result +194.8k NOK → +463.9k NOK. Equity 1.44m NOK → 1.91m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET LILLEØY- ANDERSEN AS.

Scorecard

Revenue
2.00m NOK 2.28m NOK
+14.1%
Operating result
+314.1k NOK +554.8k NOK
+76.6%
Net result
+194.8k NOK +463.9k NOK
+138.2%
Equity
1.44m NOK 1.91m NOK
+32.2%
Cash
1.44m NOK 1.78m NOK
+23.6%
Total assets
1.82m NOK 2.31m NOK
+27.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.00m NOK to 2.28m NOK (+14.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +314.1k NOK → +554.8k NOK (op. margin 15.7% → 24.4%). Calculated

  • ↑

    Net result improved

    Net result +194.8k NOK → +463.9k NOK (net margin 9.8% → 20.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.44m NOK → 1.91m NOK (equity ratio 79.3% → 82.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.44m NOK → 1.78m NOK (+23.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 887.6k NOK → 967.7k NOK (44% → 43% of revenue). Calculated