Org.nr 998 578 957 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET RAFTEVOLL AS: årsregnskap 2022 vs 2021

Shrank 18% on revenue, weaker earnings

approved 2023-04-28; registry 2023-05-03; journal 2023 381888

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET RAFTEVOLL AS. Revenue 2.04m NOK → 1.67m NOK (-17.8%). Net result -84.0k NOK → -504.3k NOK. Equity 149.2k NOK → -355.2k NOK.

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

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET RAFTEVOLL AS.

Scorecard

Revenue
2.04m NOK 1.67m NOK
-17.8%
Operating result
-61.6k NOK -460.7k NOK
-647.3%
Net result
-84.0k NOK -504.3k NOK
-500.1%
Equity
149.2k NOK -355.2k NOK
-338.1%
Cash
40.1k NOK 46.4k NOK
+15.5%
Total assets
50.8k NOK 676.9k NOK
+1231.3%

What improved

  • ↑

    Cash rose

    Bank deposits 40.1k NOK → 46.4k NOK (+15.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.04m NOK to 1.67m NOK (-17.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -61.6k NOK → -460.7k NOK (op. margin -3.0% → -27.5%). Calculated

  • ↓

    Net result weakened

    Net result -84.0k NOK → -504.3k NOK (net margin -4.1% → -30.1%). Calculated

  • ↓

    Equity eroded

    Book equity 149.2k NOK → -355.2k NOK (equity ratio 293.4% → -52.5%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.28× → 0.60× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -52.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact