FirmaIQ
Org.nr 989 397 672 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET RIISE & BROWN AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-04-30; registry 2024-05-04; journal 2024 392330

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET RIISE & BROWN AS. Revenue 4.92m NOK → 5.12m NOK (+3.9%). Net result +223.8k NOK → +122.6k NOK. Equity 557.4k NOK → 680.1k NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened.

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
4.92m NOK 5.12m NOK
+3.9%
Operating result
+256.9k NOK +167.6k NOK
-34.8%
Net result
+223.8k NOK +122.6k NOK
-45.2%
Equity
557.4k NOK 680.1k NOK
+22.0%
Cash
206.1k NOK 206.7k NOK
+0.3%
Total assets
1.56m NOK 2.01m NOK
+29.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.92m NOK to 5.12m NOK (+3.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 557.4k NOK → 680.1k NOK (equity ratio 35.8% → 33.8%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.16× → 4.84×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +256.9k NOK → +167.6k NOK (op. margin 5.2% → 3.3%). Calculated

  • ↓

    Net result weakened

    Net result +223.8k NOK → +122.6k NOK (net margin 4.5% → 2.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 11.39m NOK → 11.40m NOK. Reported fact