FirmaIQ
Org.nr 912 190 013 2020 → 2021 Year-over-year analysis

ADVOKAT BIRGIT VINNES AS: årsregnskap 2021 vs 2020

Stronger earnings

registry 2022-03-10; journal 2022 140727

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT BIRGIT VINNES AS. Revenue 1.35m NOK → 1.39m NOK (+3.0%). Net result +95.0k NOK → +263.7k NOK. Equity 219.4k NOK → 183.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.35m NOK 1.39m NOK
+3.0%
Operating result
+122.7k NOK +338.2k NOK
+175.7%
Net result
+95.0k NOK +263.7k NOK
+177.6%
Equity
219.4k NOK 183.1k NOK
-16.6%
Cash
407.0k NOK 471.5k NOK
+15.8%
Total assets
747.8k NOK 745 NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.35m NOK to 1.39m NOK (+3.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +122.7k NOK → +338.2k NOK (op. margin 9.1% → 24.3%). Calculated

  • ↑

    Net result improved

    Net result +95.0k NOK → +263.7k NOK (net margin 7.0% → 18.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 407.0k NOK → 471.5k NOK (+15.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 791.2k NOK → 716.9k NOK (58% → 51% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 219.4k NOK → 183.1k NOK (equity ratio 29.3% → 24572.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.43× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated