ADVOKAT GAUTE NILSEN AS: årsregnskap 2021 vs 2020
Slipped into loss
approved 2022-04-28; registry 2022-05-02; journal 2022 241267
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT GAUTE NILSEN AS. Revenue 2.24m NOK → 2.17m NOK (-3.4%). Net result +90.8k NOK → -113.2k NOK. Equity 7.13m NOK → 10 NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT GAUTE NILSEN AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 37.0k NOK → 83.9k NOK (+126.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.24m NOK to 2.17m NOK (-3.4% YoY). Calculated
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↓
Operating result weakened
Operating result +247.5k NOK → +20.4k NOK (op. margin 11.0% → 0.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 90.8k NOK profit to a loss of 113.2k NOK. Calculated
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↓
Equity eroded
Book equity 7.13m NOK → 10 NOK (equity ratio 238.0% → 0.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.44m NOK → 1.65m NOK (64% → 76% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation