Org.nr 996 400 832 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET LIPPESTAD AS: årsregnskap 2022 vs 2021

Shrank 9% on revenue, stronger earnings

approved 2023-04-27; registry 2023-05-02; journal 2023 380528

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET LIPPESTAD AS. Revenue 15.57m NOK → 14.17m NOK (-9.0%). Net result +23.7k NOK → +621.5k NOK. Equity 3.78m NOK → 4.40m NOK.

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

Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET LIPPESTAD AS.

Scorecard

Revenue
15.57m NOK 14.17m NOK
-9.0%
Operating result
+421.2k NOK +830.0k NOK
+97.1%
Net result
+23.7k NOK +621.5k NOK
+2520.7%
Equity
3.78m NOK 4.40m NOK
+16.5%
Cash
477.2k NOK 1.56m NOK
+226.7%
Total assets
9.71m NOK 9.17m NOK
-5.6%

What improved

  • ↑

    Operating result improved

    Operating result +421.2k NOK → +830.0k NOK (op. margin 2.7% → 5.9%). Calculated

  • ↑

    Net result improved

    Net result +23.7k NOK → +621.5k NOK (net margin 0.2% → 4.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.78m NOK → 4.40m NOK (equity ratio 38.9% → 48.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 477.2k NOK → 1.56m NOK (+226.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 7.20m NOK → 6.34m NOK (46% → 45% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.57m NOK to 14.17m NOK (-9.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 80.7k NOK → 78.0k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 13 → 11. Reported fact