Org.nr 993 533 521 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET BRÆKHUS, RØDVIK & CO AS: årsregnskap 2021 vs 2020

Shrank 37% on revenue, weaker earnings

approved 2022-04-28; registry 2022-05-02; journal 2022 246783

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET BRÆKHUS, RØDVIK & CO AS. Revenue 2.74m NOK → 1.72m NOK (-37.1%). Net result +127.8k NOK → +23.6k NOK. Equity 1.52m NOK → 1.54m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
2.74m NOK 1.72m NOK
-37.1%
Operating result
+149.7k NOK +62.8k NOK
-58.0%
Net result
+127.8k NOK +23.6k NOK
-81.6%
Equity
1.52m NOK 1.54m NOK
+1.6%
Cash
119.8k NOK 1.35m NOK
+1023.2%
Total assets
2.09m NOK 2.20m NOK
+5.0%

What improved

  • ↑

    Equity strengthened

    Book equity 1.52m NOK → 1.54m NOK (equity ratio 72.5% → 70.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 119.8k NOK → 1.35m NOK (+1023.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.61m NOK → 1.06m NOK (59% → 61% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.74m NOK to 1.72m NOK (-37.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +149.7k NOK → +62.8k NOK (op. margin 5.5% → 3.6%). Calculated

  • ↓

    Net result weakened

    Net result +127.8k NOK → +23.6k NOK (net margin 4.7% → 1.4%). Calculated