Org.nr 912 121 585 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET LINDSTRØM AS: årsregnskap 2022 vs 2021

Grew 34% on revenue, weaker earnings, fresh owner capital

approved 2023-04-27; registry 2023-05-02; journal 2023 379892

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET LINDSTRØM AS. Revenue 3.15m NOK → 4.22m NOK (+34.2%). Net result +408.1k NOK → +637 NOK. Equity 382.3k NOK → 2.02m NOK.

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

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

Scorecard

Revenue
3.15m NOK 4.22m NOK
+34.2%
Operating result
+522.9k NOK +806.7k NOK
+54.3%
Net result
+408.1k NOK +637 NOK
-99.8%
Equity
382.3k NOK 2.02m NOK
+428.2%
Cash
298.8k NOK 2.48m NOK
+729.9%
Total assets
2.38m NOK 3.45m NOK
+44.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.15m NOK to 4.22m NOK (+34.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +522.9k NOK → +806.7k NOK (op. margin 16.6% → 19.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 382.3k NOK → 2.02m NOK (equity ratio 16.1% → 58.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 298.8k NOK → 2.48m NOK (+729.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 400.0k NOK → 974.2k NOK (+574.3k NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result +408.1k NOK → +637 NOK (net margin 13.0% → 0.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.02m NOK → 2.61m NOK (64% → 62% of revenue). Calculated