Org.nr 993 785 105 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET BRINDEM AS: årsregnskap 2021 vs 2020

Slipped into loss, cash halved-plus

approved 2022-04-29; registry 2022-05-02; journal 2022 247425

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET BRINDEM AS. Revenue 1.37m NOK → 1.38m NOK (+0.9%). Net result +159.9k NOK → -32.4k NOK. Equity 215.9k NOK → 140.4k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET BRINDEM AS.

Scorecard

Revenue
1.37m NOK 1.38m NOK
+0.9%
Operating result
+207.2k NOK -28.3k NOK
-113.6%
Net result
+159.9k NOK -32.4k NOK
-120.2%
Equity
215.9k NOK 140.4k NOK
-35.0%
Cash
467.3k NOK 176.9k NOK
-62.1%
Total assets
643.1k NOK 544.3k NOK
-15.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.37m NOK to 1.38m NOK (+0.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +207.2k NOK → -28.3k NOK (op. margin 15.2% → -2.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 159.9k NOK profit to a loss of 32.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 215.9k NOK → 140.4k NOK (equity ratio 33.6% → 25.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 467.3k NOK → 176.9k NOK (-62.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 515.2k NOK → 780.9k NOK (38% → 57% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 5 799 NOK → -1 961 NOK (-133.8% YoY). Calculated