Org.nr 967 193 208 2020 → 2021 Year-over-year analysis

ADVOKAT VIDAR BROBAKKEN AS: årsregnskap 2021 vs 2020

Shrank 30% on revenue

approved 2022-04-29; registry 2022-05-03; journal 2022 249885

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT VIDAR BROBAKKEN AS. Revenue 527.9k NOK → 369.6k NOK (-30.0%). Net result -29.3k NOK → -21.8k NOK. Equity 402.9k NOK → 231.6k NOK.

On the constructive side: net result improved; cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.

Net tougher year on the published lines.

Scorecard

Revenue
527.9k NOK 369.6k NOK
-30.0%
Operating result
-21.1k NOK -26.0k NOK
-23.2%
Net result
-29.3k NOK -21.8k NOK
+25.5%
Equity
402.9k NOK 231.6k NOK
-42.5%
Cash
95.8k NOK 106.5k NOK
+11.1%
Total assets
554.3k NOK 414.1k NOK
-25.3%

What improved

  • ↑

    Net result improved

    Net result -29.3k NOK → -21.8k NOK (net margin -5.5% → -5.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 95.8k NOK → 106.5k NOK (+11.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 527.9k NOK to 369.6k NOK (-30.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -21.1k NOK → -26.0k NOK (op. margin -4.0% → -7.0%). Calculated

  • ↓

    Equity eroded

    Book equity 402.9k NOK → 231.6k NOK (equity ratio 72.7% → 55.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 129.6k NOK → 139.2k NOK (25% → 38% of revenue). Calculated