ADVOKAT HÅVAR WIIK AS: årsregnskap 2021 vs 2020
Grew 38% on revenue, returned to profit
approved 2022-04-26; registry 2022-05-03; journal 2022 250581
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT HÅVAR WIIK AS. Revenue 2.10m NOK → 2.90m NOK (+38.1%). Net result -5 201 NOK → +42.2k NOK. Equity 100.0k NOK → 142.2k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT HÅVAR WIIK AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.10m NOK to 2.90m NOK (+38.1% YoY). Calculated
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Operating result improved
Operating result +16.6k NOK → +77.2k NOK (op. margin 0.8% → 2.7%). Calculated
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Turned profitable
Net result flipped from a loss of 5 201 NOK to a profit of 42.2k NOK. Calculated
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Equity strengthened
Book equity 100.0k NOK → 142.2k NOK (equity ratio 13.9% → 339.9%). Calculated
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Cash rose
Bank deposits 6 299 NOK → 333.2k NOK (+5190.4% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.15× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.80m NOK → 2.53m NOK (86% → 87% of revenue). Calculated