FirmaIQ
Org.nr 925 118 702 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET LINDSETH AS: årsregnskap 2022 vs 2021

Shrank 32% on revenue, stronger earnings

approved 2023-03-16; registry 2023-03-22; journal 2023 331660

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET LINDSETH AS. Revenue 3.22m NOK → 2.21m NOK (-31.6%). Net result +1.60m NOK → +3.83m NOK. Equity 3.24m NOK → 1.56m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.22m NOK 2.21m NOK
-31.6%
Operating result
+2.06m NOK +1.06m NOK
-48.5%
Net result
+1.60m NOK +3.83m NOK
+138.5%
Equity
3.24m NOK 1.56m NOK
-51.7%
Cash
289.9k NOK 1.87m NOK
+546.0%
Total assets
4.13m NOK 2.03m NOK
-50.9%

What improved

  • ↑

    Net result improved

    Net result +1.60m NOK → +3.83m NOK (net margin 49.8% → 173.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 289.9k NOK → 1.87m NOK (+546.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.22m NOK to 2.21m NOK (-31.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.06m NOK → +1.06m NOK (op. margin 63.8% → 48.1%). Calculated

  • ↓

    Equity eroded

    Book equity 3.24m NOK → 1.56m NOK (equity ratio 78.4% → 77.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 070 NOK → 1.97m NOK (0% → 89% of revenue). Calculated