Org.nr 987 675 799 2020 → 2021 Year-over-year analysis

ADVOKATENE CHRISTIAN WIIG & CO AS: årsregnskap 2021 vs 2020

Slipped into loss

approved 2022-04-29; registry 2022-05-03; journal 2022 249781

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATENE CHRISTIAN WIIG & CO AS. Revenue 12.01m NOK → 12.43m NOK (+3.5%). Net result +481.5k NOK → -18.3k NOK. Equity 1.76m NOK → 1.05m NOK.

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

Also worth watching: paid-in equity reduced; payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATENE CHRISTIAN WIIG & CO AS.

Scorecard

Revenue
12.01m NOK 12.43m NOK
+3.5%
Operating result
+637.0k NOK -12.0k NOK
-101.9%
Net result
+481.5k NOK -18.3k NOK
-103.8%
Equity
1.76m NOK 1.05m NOK
-40.7%
Cash
287.0k NOK 542.4k NOK
+89.0%
Total assets
4.84m NOK 4.33m NOK
-10.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.01m NOK to 12.43m NOK (+3.5% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 287.0k NOK → 542.4k NOK (+89.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +637.0k NOK → -12.0k NOK (op. margin 5.3% → -0.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 481.5k NOK profit to a loss of 18.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.76m NOK → 1.05m NOK (equity ratio 36.5% → 24.1%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 106.7k NOK → 120 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 8.31m NOK → 9.10m NOK (69% → 73% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 9. Reported fact