ADVOKATFIRMAET REE AS: årsregnskap 2023 vs 2022
Weaker earnings
approved 2024-01-26; registry 2024-03-04; journal 2024 317005
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET REE AS. Revenue 2.55m NOK → 2.59m NOK (+1.5%). Net result +393.0k NOK → +278.4k NOK. Equity 52.0k NOK → 52.1k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET REE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.55m NOK to 2.59m NOK (+1.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +506.0k NOK → +355.3k NOK (op. margin 19.8% → 13.7%). Calculated
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↓
Net result weakened
Net result +393.0k NOK → +278.4k NOK (net margin 15.4% → 10.7%). Calculated
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↓
Cash fell
Bank deposits 760.2k NOK → 712.8k NOK (-6.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.44m NOK → 1.65m NOK (56% → 64% of revenue). Calculated