Org.nr 915 665 586 2022 → 2023 Year-over-year analysis

ADVOKATFIRMA REMMAN AS: årsregnskap 2023 vs 2022

Shrank 83% on revenue, slipped into loss, cash halved-plus

approved 2024-04-27; registry 2024-04-30; journal 2024 385140

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMA REMMAN AS. Revenue 6.00m NOK → 1.03m NOK (-82.8%). Net result +1.88m NOK → -764.6k NOK. Equity 2.58m NOK → 1.81m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA REMMAN AS.

Scorecard

Revenue
6.00m NOK 1.03m NOK
-82.8%
Operating result
+2.45m NOK -814.1k NOK
-133.3%
Net result
+1.88m NOK -764.6k NOK
-140.6%
Equity
2.58m NOK 1.81m NOK
-29.7%
Cash
628.4k NOK 1 125 NOK
-99.8%
Total assets
4.71m NOK 2.58m NOK
-45.2%

What improved

  • ↑

    Payroll decreased

    Salary cost 960.1k NOK → 948.6k NOK (16% → 92% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.00m NOK to 1.03m NOK (-82.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.45m NOK → -814.1k NOK (op. margin 40.8% → -78.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.88m NOK profit to a loss of 764.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.58m NOK → 1.81m NOK (equity ratio 54.7% → 70.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 628.4k NOK → 1 125 NOK (-99.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1 NOK → 50.0k NOK. Reported fact