ADVOKAT BIRGITTE G EKNES AS: årsregnskap 2021 vs 2020
Grew 105654% on revenue, weaker earnings, cash halved-plus
approved 2022-02-11; registry 2022-02-17; journal 2022 117234
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT BIRGITTE G EKNES AS. Revenue 1 913 NOK → 2.02m NOK (+105654.2%). Net result +366.0k NOK → +246.7k NOK. Equity 476.0k NOK → 722.8k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKAT BIRGITTE G EKNES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 913 NOK to 2.02m NOK (+105654.2% YoY). Calculated
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↑
Equity strengthened
Book equity 476.0k NOK → 722.8k NOK (equity ratio 30.6% → 39.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +431.5k NOK → +318.6k NOK (op. margin 22556.6% → 15.7%). Calculated
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↓
Net result weakened
Net result +366.0k NOK → +246.7k NOK (net margin 19133.1% → 12.2%). Calculated
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↓
Cash fell
Bank deposits 726.1k NOK → 95.0k NOK (-86.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 043 NOK → 1.27m NOK (55% → 63% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 27.5k NOK → 16.0k NOK (-41.7% YoY). Calculated