ADVOKAT LILL SNEKVIK AS: årsregnskap 2021 vs 2020
Grew 100% on revenue, stronger earnings
approved 2022-04-28; registry 2022-05-02; journal 2022 245109
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT LILL SNEKVIK AS. Revenue -2 888 NOK → 0 NOK (+100.0%). Net result -54.0k NOK → -35.0k NOK. Equity 20.4k NOK → -14.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT LILL SNEKVIK AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from -2 888 NOK to 0 NOK (+100.0% YoY). Calculated
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↑
Operating result improved
Operating result -42.7k NOK → -32.7k NOK. Calculated
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↑
Net result improved
Net result -54.0k NOK → -35.0k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 20.4k NOK → -14.7k NOK (equity ratio 18.5% → -14.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.01× → 0.74× — 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 -14.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation