ADVOKAT VIDAR ZAHL ARNTZEN AS: årsregnskap 2021 vs 2020
Shrank 14% on revenue, slipped into loss
approved 2022-04-21; registry 2022-05-02; journal 2022 241839
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT VIDAR ZAHL ARNTZEN AS. Revenue 1.98m NOK → 1.69m NOK (-14.4%). Net result +1 826 NOK → -48.5k NOK. Equity 29.0k NOK → -19.5k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT VIDAR ZAHL ARNTZEN AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 1.74m NOK → 1.48m NOK (88% → 87% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.98m NOK to 1.69m NOK (-14.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +2 054 NOK → -48.5k NOK (op. margin 0.1% → -2.9%). Calculated
-
↓
Fell into a net loss
Net result flipped from 1 826 NOK profit to a loss of 48.5k NOK. Calculated
-
↓
Equity eroded
Book equity 29.0k NOK → -19.5k NOK (equity ratio 0.0% → -4.2%). Calculated
-
↓
Cash fell
Bank deposits 411.6k NOK → 238.0k NOK (-42.2% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -4.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation