ADVOKATENE BORGERSEN & STEINSVÅG AS: årsregnskap 2021 vs 2020
Grew 14% on revenue
approved 2022-03-05; registry 2022-04-21; journal 2022 206331
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATENE BORGERSEN & STEINSVÅG AS. Revenue 6.24m NOK → 7.08m NOK (+13.5%). Net result +464.4k NOK → +382.2k NOK. Equity 3.29m NOK → 800.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATENE BORGERSEN & STEINSVÅG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.24m NOK to 7.08m NOK (+13.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +594.5k NOK → +482.0k NOK (op. margin 9.5% → 6.8%). Calculated
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↓
Net result weakened
Net result +464.4k NOK → +382.2k NOK (net margin 7.4% → 5.4%). Calculated
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↓
Equity eroded
Book equity 3.29m NOK → 800.8k NOK (equity ratio 69.2% → 14.9%). Calculated
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↓
Cash fell
Bank deposits 965.9k NOK → 953.2k NOK (-1.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.35× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 4.06m NOK → 4.91m NOK (65% → 69% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 5 → 7. Reported fact