Org.nr 912 176 800 2020 → 2021 Year-over-year analysis

ADVOKAT DAG BERNTSEN AS: årsregnskap 2021 vs 2020

Grew 23% on revenue, weaker earnings

approved 2022-04-29; registry 2022-05-02; journal 2022 248049

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT DAG BERNTSEN AS. Revenue 1.89m NOK → 2.33m NOK (+23.5%). Net result +539.5k NOK → +407.1k NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

At a glance

Revenue

1.89m NOK 2.33m NOK

+23.5%

Operating result

+704.3k NOK +539.2k NOK

-23.4%

Net result

+539.5k NOK +407.1k NOK

-24.5%

Equity

13 NOK n/m

—

Cash

250.3k NOK 846.6k NOK

+238.3%

Total assets

2.03m NOK 2.33m NOK

+14.6%

↑
Revenue rose

Operating income / revenue moved from 1.89m NOK to 2.33m NOK (+23.5% YoY). Calculated
↑
Cash rose

Bank deposits 250.3k NOK → 846.6k NOK (+238.3% YoY). Calculated
↑
Payroll decreased

Salary cost 850.8k NOK → 2 NOK (45% → 0% of revenue). Calculated

↓
Operating result weakened

Operating result +704.3k NOK → +539.2k NOK (op. margin 37.3% → 23.1%). Calculated
↓
Net result weakened

Net result +539.5k NOK → +407.1k NOK (net margin 28.6% → 17.5%). Calculated