Org.nr 919 227 222 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET BERG AS: årsregnskap 2021 vs 2020

Grew 68% on revenue, weaker earnings

approved 2022-04-29; registry 2022-05-03; journal 2022 249955

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET BERG AS. Revenue 6.73m NOK → 11.29m NOK (+67.7%). Net result +612.2k NOK → +8 137 NOK. Equity 598.6k NOK → 536.8k NOK.

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

Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET BERG AS.

Scorecard

Revenue
6.73m NOK 11.29m NOK
+67.7%
Operating result
+864.4k NOK +91.7k NOK
-89.4%
Net result
+612.2k NOK +8 137 NOK
-98.7%
Equity
598.6k NOK 536.8k NOK
-10.3%
Cash
133.3k NOK 340.9k NOK
+155.8%
Total assets
45.5k NOK 4.01m NOK
+8706.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.73m NOK to 11.29m NOK (+67.7% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 133.3k NOK → 340.9k NOK (+155.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +864.4k NOK → +91.7k NOK (op. margin 12.8% → 0.8%). Calculated

  • ↓

    Net result weakened

    Net result +612.2k NOK → +8 137 NOK (net margin 9.1% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 598.6k NOK → 536.8k NOK (equity ratio 1316.3% → 13.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.44m NOK → 7.79m NOK (51% → 69% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3 750 NOK → 46.8k NOK (+1147.2% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 8. Reported fact