ADVOKATFIRMAET RKK AS: årsregnskap 2022 vs 2021
Shrank 15% on revenue, slipped into loss
approved 2023-03-29; registry 2023-05-02; journal 2023 378657
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET RKK AS. Revenue 1.11m NOK → 943.3k NOK (-14.8%). Net result +10.5k NOK → -13.8k NOK. Equity 34.9k NOK → 21.0k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET RKK AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 135.9k NOK → 150.7k NOK (+10.9% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.11m NOK to 943.3k NOK (-14.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +12.0k NOK → -284 NOK (op. margin 1.1% → -0.0%). Calculated
-
↓
Fell into a net loss
Net result flipped from 10.5k NOK profit to a loss of 13.8k NOK. Calculated
-
↓
Equity eroded
Book equity 34.9k NOK → 21.0k NOK (equity ratio 5.7% → 2.9%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1 958 NOK → 515.1k NOK (0% → 55% of revenue). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 2.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation