ADVOKATFIRMAET BAHR AS: årsregnskap 2021 vs 2020
Shrank 100% on revenue, stronger earnings, cash halved-plus
approved 2022-04-25; registry 2022-05-02; journal 2022 241543
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET BAHR AS. Revenue 899.35m NOK → 1 036 NOK (-100.0%). Net result +8.22m NOK → +10.67m NOK. Equity 10.10bn NOK → 10.32bn NOK.
On the constructive side: net result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET BAHR AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +8.22m NOK → +10.67m NOK (net margin 0.9% → 1030302.9%). Calculated
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Equity strengthened
Book equity 10.10bn NOK → 10.32bn NOK (equity ratio 1637.2% → 1935.8%). Calculated
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Payroll decreased
Salary cost 3.29bn NOK → 3 301 NOK (365% → 319% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 899.35m NOK to 1 036 NOK (-100.0% YoY). Calculated
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Operating result weakened
Operating result +518.93m NOK → +635 NOK (op. margin 57.7% → 61.3%). Calculated
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Cash fell
Bank deposits 271.88m NOK → 137 NOK (-100.0% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (271.88m NOK → 137 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Paid-in equity reduced
Paid-in equity fell 103.01m NOK → 314 NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 130.0k NOK → 160.0k NOK. Reported fact