ADVOKAT BRATTENG AS: årsregnskap 2021 vs 2020
Grew 42% on revenue, weaker earnings
approved 2022-04-29; registry 2022-05-04; journal 2022 252408
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT BRATTENG AS. Revenue 3.52m NOK → 5.01m NOK (+42.5%). Net result -27.5k NOK → -229.1k NOK. Equity 299.7k NOK → 70.6k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT BRATTENG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.52m NOK to 5.01m NOK (+42.5% YoY). Calculated
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Cash rose
Bank deposits 135.7k NOK → 387.5k NOK (+185.5% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.18× → 2.06×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -15.9k NOK → -265.2k NOK (op. margin -0.5% → -5.3%). Calculated
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↓
Net result weakened
Net result -27.5k NOK → -229.1k NOK (net margin -0.8% → -4.6%). Calculated
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↓
Equity eroded
Book equity 299.7k NOK → 70.6k NOK (equity ratio 195.4% → 3.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 2.17m NOK → 3.98m NOK (62% → 79% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 4 → 5. Reported fact