FirmaIQ
Org.nr 925 118 702 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET LINDSETH AS: årsregnskap 2023 vs 2022

Shrank 59% on revenue, weaker earnings

approved 2024-04-18; registry 2024-04-25; journal 2024 374741

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET LINDSETH AS. Revenue 2.21m NOK → 912.2k NOK (-58.6%). Net result +3.83m NOK → +63.8k NOK. Equity 1.56m NOK → 1.63m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.21m NOK 912.2k NOK
-58.6%
Operating result
+1.06m NOK +80.2k NOK
-92.4%
Net result
+3.83m NOK +63.8k NOK
-98.3%
Equity
1.56m NOK 1.63m NOK
+4.1%
Cash
1.87m NOK 1.17m NOK
-37.4%
Total assets
2.03m NOK 1.86m NOK
-8.0%

What improved

  • ↑

    Equity strengthened

    Book equity 1.56m NOK → 1.63m NOK (equity ratio 77.1% → 87.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.97m NOK → 728.5k NOK (89% → 80% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.21m NOK to 912.2k NOK (-58.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.06m NOK → +80.2k NOK (op. margin 48.1% → 8.8%). Calculated

  • ↓

    Net result weakened

    Net result +3.83m NOK → +63.8k NOK (net margin 173.5% → 7.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.87m NOK → 1.17m NOK (-37.4% YoY). Calculated