ADVOKATFIRMAET BREDESEN AS: årsregnskap 2021 vs 2020
Grew 120939% on revenue, stronger earnings
approved 2022-03-16; registry 2022-03-19; journal 2022 153599
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET BREDESEN AS. Revenue 1 199 NOK → 1.45m NOK (+120939.0%). Net result +118.0k NOK → +302.6k NOK. Equity 6.15m NOK → 450.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET BREDESEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1 199 NOK to 1.45m NOK (+120939.0% YoY). Calculated
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Operating result improved
Operating result +175.3k NOK → +397.3k NOK (op. margin 14618.1% → 27.4%). Calculated
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Net result improved
Net result +118.0k NOK → +302.6k NOK (net margin 9838.6% → 20.8%). Calculated
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Cash rose
Bank deposits 406.7k NOK → 710.6k NOK (+74.7% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 6.15m NOK → 450.5k NOK (equity ratio 1098.0% → 368.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.25× → 0.09× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1 488 NOK → 626.2k NOK (124% → 43% of revenue). Calculated