ADVOKATFIRMAET REE AS: årsregnskap 2022 vs 2021
Weaker earnings
approved 2023-04-12; registry 2023-04-27; journal 2023 373400
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET REE AS. Revenue 2.58m NOK → 2.55m NOK (-1.0%). Net result +533.8k NOK → +393.0k NOK. Equity 39.0k NOK → 52.0k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET REE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 39.0k NOK → 52.0k NOK (equity ratio 36.2% → 5.7%). Calculated
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↑
Cash rose
Bank deposits 745.5k NOK → 760.2k NOK (+2.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.58m NOK to 2.55m NOK (-1.0% YoY). Calculated
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↓
Operating result weakened
Operating result +685.6k NOK → +506.0k NOK (op. margin 26.6% → 19.8%). Calculated
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↓
Net result weakened
Net result +533.8k NOK → +393.0k NOK (net margin 20.7% → 15.4%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.34m NOK → 1.44m NOK (52% → 56% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation