ADVOKAT CATHRINE BJUNE AS: årsregnskap 2021 vs 2020
Shrank 58% on revenue, weaker earnings
approved 2022-04-26; registry 2022-05-02; journal 2022 241265
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT CATHRINE BJUNE AS. Revenue 31.0k NOK → 13.0k NOK (-58.1%). Net result -15.7k NOK → -37.5k NOK. Equity 7 813 NOK → -29.6k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT CATHRINE BJUNE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 20.8k NOK → 42.9k NOK (+105.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 31.0k NOK to 13.0k NOK (-58.1% YoY). Calculated
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↓
Operating result weakened
Operating result -15.8k NOK → -37.0k NOK (op. margin -50.8% → -284.6%). Calculated
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↓
Net result weakened
Net result -15.7k NOK → -37.5k NOK (net margin -50.8% → -288.1%). Calculated
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↓
Equity eroded
Book equity 7 813 NOK → -29.6k NOK (equity ratio 37.5% → -69.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1601.77× → 0.59× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -69.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation