FirmaIQ
Org.nr 997 178 009 2020 → 2021 Year-over-year analysis

ADVOKAT VIDAR SINDING AS: årsregnskap 2021 vs 2020

Stronger earnings, cash halved-plus

approved 2022-05-04; registry 2022-05-10; journal 2022 276465

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT VIDAR SINDING AS. Revenue 2.60m NOK → 2.69m NOK (+3.6%). Net result +530.6k NOK → +985.8k NOK.

On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKAT VIDAR SINDING AS.

At a glance

Scorecard

Revenue
2.60m NOK 2.69m NOK
+3.6%
Operating result
+543.6k NOK +1 275 NOK
-99.8%
Net result
+530.6k NOK +985.8k NOK
+85.8%
Cash
408.4k NOK 56.0k NOK
-86.3%
Total assets
802.6k NOK 1.27m NOK
+58.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.60m NOK to 2.69m NOK (+3.6% YoY). Calculated

  • ↑

    Net result improved

    Net result +530.6k NOK → +985.8k NOK (net margin 20.4% → 36.7%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +543.6k NOK → +1 275 NOK (op. margin 20.9% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 408.4k NOK → 56.0k NOK (-86.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 5.10× → 0.85× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 13.0k NOK → 23.2k NOK (+78.4% YoY). Calculated