ADVOKATFIRMAET RETTIDIG AS: årsregnskap 2022 vs 2021
Shrank 32% on revenue, stronger earnings, cash halved-plus
approved 2023-05-02; registry 2023-05-04; journal 2023 385238
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET RETTIDIG AS. Revenue 5.92m NOK → 4.03m NOK (-32.0%). Net result +617.7k NOK → +1.63m NOK. Equity 814.6k NOK → 2.48m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; cogs moved.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET RETTIDIG AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +75.0k NOK → +1.97m NOK (op. margin 1.3% → 48.9%). Calculated
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Net result improved
Net result +617.7k NOK → +1.63m NOK (net margin 10.4% → 40.6%). Calculated
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Equity strengthened
Book equity 814.6k NOK → 2.48m NOK (equity ratio 15.4% → 46.8%). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 5.92m NOK to 4.03m NOK (-32.0% YoY). Calculated
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Cash fell
Bank deposits 1.47m NOK → 5 481 NOK (-99.6% YoY). Calculated
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COGS moved
COGS / varekostnad 135.3k NOK → 1.45m NOK (+972.8% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (1.47m NOK → 5 481 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Book investments changed
Investment / intangible book value 1.21m NOK → 4.89m NOK. Reported fact