ADVOKAT NJÅL ØDEGÅRD AS: årsregnskap 2021 vs 2020
Shrank 15% on revenue, returned to profit, cash halved-plus
approved 2022-05-26; registry 2022-05-30; journal 2022 370952
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT NJÅL ØDEGÅRD AS. Revenue 21.8k NOK → 18.4k NOK (-15.4%). Net result -814 NOK → +8 405 NOK. Equity 45.0k NOK → 7 485 NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKAT NJÅL ØDEGÅRD AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +815 NOK → +10.2k NOK (op. margin 3.7% → 55.4%). Calculated
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Turned profitable
Net result flipped from a loss of 814 NOK to a profit of 8 405 NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 21.8k NOK to 18.4k NOK (-15.4% YoY). Calculated
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↓
Equity eroded
Book equity 45.0k NOK → 7 485 NOK (equity ratio 100.0% → 100.0%). Calculated
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↓
Cash fell
Bank deposits 45.0k NOK → 7 485 NOK (-83.4% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 49.5k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation