Org.nr 912 177 033 2021 → 2022 Year-over-year analysis

ADVOKAT JØRGEN RIPLE AS: årsregnskap 2022 vs 2021

Grew 6% on revenue, slipped into loss, cash halved-plus

approved 2023-04-28; registry 2023-05-03; journal 2023 382600

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT JØRGEN RIPLE AS. Revenue 4.12m NOK → 4.36m NOK (+5.9%). Net result +281.8k NOK → -406.1k NOK. Equity 783.7k NOK → 377.6k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT JØRGEN RIPLE AS.

Scorecard

Revenue
4.12m NOK 4.36m NOK
+5.9%
Operating result
+385.2k NOK -381.5k NOK
-199.0%
Net result
+281.8k NOK -406.1k NOK
-244.1%
Equity
783.7k NOK 377.6k NOK
-51.8%
Cash
515.0k NOK 186.9k NOK
-63.7%
Total assets
1.87m NOK 1.99m NOK
+6.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.12m NOK to 4.36m NOK (+5.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +385.2k NOK → -381.5k NOK (op. margin 9.3% → -8.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 281.8k NOK profit to a loss of 406.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 783.7k NOK → 377.6k NOK (equity ratio 41.9% → 19.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 515.0k NOK → 186.9k NOK (-63.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.02m NOK → 3.86m NOK (73% → 88% of revenue). Calculated