Org.nr 990 625 972 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET BERNGAARD AS: årsregnskap 2021 vs 2020

Grew 26% on revenue, weaker earnings, cash halved-plus

approved 2022-04-22; registry 2022-05-09; journal 2022 271078

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET BERNGAARD AS. Revenue 35.52m NOK → 44.60m NOK (+25.5%). Net result +2.98m NOK → +1.55m NOK. Equity 5.24m NOK → 6.41m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: sharp cash drawdown; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET BERNGAARD AS.

Scorecard

Revenue
35.52m NOK 44.60m NOK
+25.5%
Operating result
+3.89m NOK +2.11m NOK
-45.7%
Net result
+2.98m NOK +1.55m NOK
-48.0%
Equity
5.24m NOK 6.41m NOK
+22.3%
Cash
5.82m NOK 1.39m NOK
-76.1%
Total assets
13.83m NOK 17.89m NOK
+29.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 35.52m NOK to 44.60m NOK (+25.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 5.24m NOK → 6.41m NOK (equity ratio 37.9% → 35.8%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 198.0k NOK → 795.8k NOK (+597.8k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3.89m NOK → +2.11m NOK (op. margin 10.9% → 4.7%). Calculated

  • ↓

    Net result weakened

    Net result +2.98m NOK → +1.55m NOK (net margin 8.4% → 3.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.82m NOK → 1.39m NOK (-76.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (5.82m NOK → 1.39m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 20 → 25. Reported fact