Org.nr 996 400 832 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET LIPPESTAD AS: årsregnskap 2023 vs 2022

Grew 13% on revenue, weaker earnings

approved 2024-04-29; registry 2024-05-04; journal 2024 392148

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET LIPPESTAD AS. Revenue 14.17m NOK → 16.01m NOK (+13.0%). Net result +621.5k NOK → +375.2k NOK. Equity 4.40m NOK → 4.77m NOK.

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

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

Scorecard

Revenue
14.17m NOK 16.01m NOK
+13.0%
Operating result
+830.0k NOK +710.5k NOK
-14.4%
Net result
+621.5k NOK +375.2k NOK
-39.6%
Equity
4.40m NOK 4.77m NOK
+8.5%
Cash
1.56m NOK 1.60m NOK
+2.6%
Total assets
9.17m NOK 10.36m NOK
+13.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.17m NOK to 16.01m NOK (+13.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.40m NOK → 4.77m NOK (equity ratio 48.0% → 46.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.56m NOK → 1.60m NOK (+2.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +830.0k NOK → +710.5k NOK (op. margin 5.9% → 4.4%). Calculated

  • ↓

    Net result weakened

    Net result +621.5k NOK → +375.2k NOK (net margin 4.4% → 2.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6.34m NOK → 6.61m NOK (45% → 41% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 78.0k NOK → 2.57m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 11 → 8. Reported fact