FirmaIQ
Org.nr 989 397 672 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET RIISE & BROWN AS: årsregnskap 2022 vs 2021

Grew 5% on revenue, returned to profit

approved 2023-04-28; registry 2023-05-02; journal 2023 380872

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET RIISE & BROWN AS. Revenue 4.69m NOK → 4.92m NOK (+5.0%). Net result -129.8k NOK → +223.8k NOK. Equity 333.6k NOK → 557.4k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET RIISE & BROWN AS.

At a glance

Scorecard

Revenue
4.69m NOK 4.92m NOK
+5.0%
Operating result
-198.1k NOK +256.9k NOK
+229.7%
Net result
-129.8k NOK +223.8k NOK
+272.4%
Equity
333.6k NOK 557.4k NOK
+67.1%
Cash
296.8k NOK 206.1k NOK
-30.6%
Total assets
1.35m NOK 1.56m NOK
+15.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.69m NOK to 4.92m NOK (+5.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -198.1k NOK → +256.9k NOK (op. margin -4.2% → 5.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 129.8k NOK to a profit of 223.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 333.6k NOK → 557.4k NOK (equity ratio 24.7% → 35.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 296.8k NOK → 206.1k NOK (-30.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 11.37m NOK → 11.39m NOK. Reported fact