69' NORD ADVOKATFIRMA AS: årsregnskap 2021 vs 2020
Grew 30% on revenue, slipped into loss
approved 2022-03-08; registry 2022-03-10; journal 2022 140941
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 69' NORD ADVOKATFIRMA AS. Revenue 1.53m NOK → 1.98m NOK (+29.9%). Net result +20.3k NOK → -79.9k NOK. Equity 769.1k NOK → 689.2k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for 69' NORD ADVOKATFIRMA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.53m NOK to 1.98m NOK (+29.9% YoY). Calculated
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↑
Cash rose
Bank deposits 300.4k NOK → 344.9k NOK (+14.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.19× → 3.44×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +30.8k NOK → -119.2k NOK (op. margin 2.0% → -6.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 20.3k NOK profit to a loss of 79.9k NOK. Calculated
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↓
Equity eroded
Book equity 769.1k NOK → 689.2k NOK (equity ratio 1129.4% → 71.8%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.05m NOK → 1.35m NOK (69% → 68% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 2. Reported fact