ADVOKAT CHRISTIAN WEFLING AS: årsregnskap 2021 vs 2020
Shrank 10% on revenue, cash halved-plus
registry 2022-05-02; journal 2022 245079
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT CHRISTIAN WEFLING AS. Revenue 2.01m NOK → 1.81m NOK (-10.3%). Net result +319.4k NOK → +291.5k NOK. Equity 535.1k NOK → 476.7k NOK.
On the constructive side: operating result improved; current ratio back above 1×. Pressures included: revenue fell; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +408.3k NOK → +481.5k NOK (op. margin 20.3% → 26.6%). Calculated
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Current ratio back above 1×
Current ratio 0.01× → 2.50×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.01m NOK to 1.81m NOK (-10.3% YoY). Calculated
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Net result weakened
Net result +319.4k NOK → +291.5k NOK (net margin 15.9% → 16.1%). Calculated
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↓
Equity eroded
Book equity 535.1k NOK → 476.7k NOK (equity ratio 3509.1% → 60.3%). Calculated
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Cash fell
Bank deposits 630.1k NOK → 234.6k NOK (-62.8% YoY). Calculated
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Payroll up without matching revenue
Salary cost 1 172 NOK → 927.3k NOK (0% → 51% of revenue). Calculated