Org.nr 922 038 023 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET LUNDBERG OG LANGVA AS: årsregnskap 2023 vs 2022

Grew 42% on revenue, weaker earnings

approved 2024-04-30; registry 2024-05-04; journal 2024 389898

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET LUNDBERG OG LANGVA AS. Revenue 4.90m NOK → 6.96m NOK (+42.3%). Net result +579.4k NOK → +87.2k NOK. Equity 8.87m NOK → 959.3k NOK.

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

Also worth watching: payroll increased; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET LUNDBERG OG LANGVA AS.

Scorecard

Revenue
4.90m NOK 6.96m NOK
+42.3%
Operating result
+741.1k NOK +405.7k NOK
-45.3%
Net result
+579.4k NOK +87.2k NOK
-84.9%
Equity
8.87m NOK 959.3k NOK
-89.2%
Cash
472.8k NOK 707.6k NOK
+49.7%
Total assets
2.74m NOK 3.86m NOK
+41.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.90m NOK to 6.96m NOK (+42.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 472.8k NOK → 707.6k NOK (+49.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +741.1k NOK → +405.7k NOK (op. margin 15.1% → 5.8%). Calculated

  • ↓

    Net result weakened

    Net result +579.4k NOK → +87.2k NOK (net margin 11.8% → 1.3%). Calculated

  • ↓

    Equity eroded

    Book equity 8.87m NOK → 959.3k NOK (equity ratio 323.9% → 24.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.90m NOK → 3.97m NOK (59% → 57% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 495.5k NOK → 340.4k NOK (-31.3% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 4. Reported fact