ADVOKATFIRMA RIISØEN AS: årsregnskap 2022 vs 2021
Shrank 35% on revenue, slipped into loss
approved 2023-04-29; registry 2023-05-03; journal 2023 381965
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA RIISØEN AS. Revenue 1.85m NOK → 1.20m NOK (-35.1%). Net result +372.0k NOK → -266.5k NOK. Equity 1.57m NOK → 1.31m 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 RIISØEN AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 986.6k NOK → 1 136 NOK (53% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.85m NOK to 1.20m NOK (-35.1% YoY). Calculated
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↓
Operating result weakened
Operating result +483.4k NOK → -335.7k NOK (op. margin 26.1% → -28.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 372.0k NOK profit to a loss of 266.5k NOK. Calculated
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↓
Equity eroded
Book equity 1.57m NOK → 1.31m NOK (equity ratio 65.9% → 75.9%). Calculated
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↓
Cash fell
Bank deposits 1.71m NOK → 1.21m NOK (-29.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 30.8k NOK → 800 NOK. Reported fact