Org.nr 921 379 382 2020 → 2021 Year-over-year analysis

ADVOKAT SIRI BERGEM AS: årsregnskap 2021 vs 2020

Shrank 60% on revenue, slipped into loss

approved 2022-04-28; registry 2022-05-04; journal 2022 252252

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT SIRI BERGEM AS. Revenue 1.19m NOK → 477.0k NOK (-59.9%). Net result +124.8k NOK → -92.0k NOK. Equity 534.8k NOK → 442.8k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT SIRI BERGEM AS.

Scorecard

Revenue
1.19m NOK 477.0k NOK
-59.9%
Operating result
+160.1k NOK -118.2k NOK
-173.8%
Net result
+124.8k NOK -92.0k NOK
-173.7%
Equity
534.8k NOK 442.8k NOK
-17.2%
Cash
323.1k NOK 375.0k NOK
+16.1%
Total assets
919.7k NOK 751.5k NOK
-18.3%

What improved

  • ↑

    Cash rose

    Bank deposits 323.1k NOK → 375.0k NOK (+16.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 425.4k NOK → 279.6k NOK (36% → 59% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.19m NOK to 477.0k NOK (-59.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +160.1k NOK → -118.2k NOK (op. margin 13.5% → -24.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 124.8k NOK profit to a loss of 92.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 534.8k NOK → 442.8k NOK (equity ratio 58.1% → 58.9%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 8 000 NOK → 9 500 NOK. Reported fact