ADVOKATFIRMA SULEIMAN & CO AS: årsregnskap 2022 vs 2021
Weaker earnings, cash halved-plus
approved 2023-04-28; registry 2023-05-04; journal 2023 384129
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMA SULEIMAN & CO AS. Revenue 20.12m NOK → 19.34m NOK (-3.9%). Net result +298.3k NOK → +42.5k NOK. Equity 1.93m NOK → 1.98m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMA SULEIMAN & CO AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.93m NOK → 1.98m NOK (equity ratio 25.4% → 24.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 20.12m NOK to 19.34m NOK (-3.9% YoY). Calculated
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↓
Operating result weakened
Operating result +597.4k NOK → +401.7k NOK (op. margin 3.0% → 2.1%). Calculated
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↓
Net result weakened
Net result +298.3k NOK → +42.5k NOK (net margin 1.5% → 0.2%). Calculated
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↓
Cash fell
Bank deposits 706.39m NOK → 249.5k NOK (-100.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (706.39m NOK → 249.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 65.3k NOK → 850.4k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 16 → 13. Reported fact