Org.nr 998 736 145 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET REITEVOLD AS: årsregnskap 2022 vs 2021

Shrank 16% on revenue, weaker earnings

approved 2023-02-02; registry 2023-02-13; journal 2023 306278

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET REITEVOLD AS. Revenue 737.9k NOK → 623.0k NOK (-15.6%). Net result +13.6k NOK → +2 065 NOK. Equity 13.21m NOK → 207.8k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
737.9k NOK 623.0k NOK
-15.6%
Operating result
+16.0k NOK +4 620 NOK
-71.0%
Net result
+13.6k NOK +2 065 NOK
-84.8%
Equity
13.21m NOK 207.8k NOK
-98.4%
Cash
431.7k NOK 266.3k NOK
-38.3%
Total assets
561.4k NOK 423.5k NOK
-24.6%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.52m NOK → 2.38m NOK (342% → 382% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 737.9k NOK to 623.0k NOK (-15.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +16.0k NOK → +4 620 NOK (op. margin 2.2% → 0.7%). Calculated

  • ↓

    Net result weakened

    Net result +13.6k NOK → +2 065 NOK (net margin 1.8% → 0.3%). Calculated

  • ↓

    Equity eroded

    Book equity 13.21m NOK → 207.8k NOK (equity ratio 2352.5% → 49.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 431.7k NOK → 266.3k NOK (-38.3% YoY). Calculated