FirmaIQ
Org.nr 988 843 725 2020 → 2021 Year-over-year analysis

ADVOKAT BERGESEN AS: årsregnskap 2021 vs 2020

Shrank 41% on revenue, slipped into loss

approved 2022-06-02; registry 2022-06-15; journal 2022 453001

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT BERGESEN AS. Revenue 1.75m NOK → 1.04m NOK (-40.9%). Net result +290.2k NOK → -5.97m NOK. Equity 6.22m NOK → 244.4k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.75m NOK 1.04m NOK
-40.9%
Operating result
+210.8k NOK -252.1k NOK
-219.6%
Net result
+290.2k NOK -5.97m NOK
-2157.7%
Equity
6.22m NOK 244.4k NOK
-96.1%
Cash
30.7k NOK 32.0k NOK
+4.1%
Total assets
8.62m NOK 2.38m NOK
-72.4%

What improved

  • ↑

    Cash rose

    Bank deposits 30.7k NOK → 32.0k NOK (+4.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 12566.75bn NOK → 11 NOK (717220001% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.75m NOK to 1.04m NOK (-40.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +210.8k NOK → -252.1k NOK (op. margin 12.0% → -24.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 290.2k NOK profit to a loss of 5.97m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 6.22m NOK → 244.4k NOK (equity ratio 72.1% → 10.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.47× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated