ADVOKATFELLESSKAPET TORGET 1 AS: årsregnskap 2021 vs 2020
Shrank 44% on revenue, stronger earnings
approved 2022-06-29; registry 2022-07-25; journal 2022 776628
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFELLESSKAPET TORGET 1 AS. Revenue 108.0k NOK → 60.0k NOK (-44.4%). Net result -40.7k NOK → -15.1k NOK. Equity -88.9k NOK → -104.0k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFELLESSKAPET TORGET 1 AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -29.3k NOK → -3 390 NOK (op. margin -27.1% → -5.7%). Calculated
-
↑
Net result improved
Net result -40.7k NOK → -15.1k NOK (net margin -37.7% → -25.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 108.0k NOK to 60.0k NOK (-44.4% YoY). Calculated
-
↓
Equity eroded
Book equity -88.9k NOK → -104.0k NOK (equity ratio -94.6% → -114.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -114.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation