ADVOKATFIRMAET DENNIS R BRORSTRØM AS: årsregnskap 2021 vs 2020
Weaker earnings
approved 2022-03-15; registry 2022-03-21; journal 2022 156877
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET DENNIS R BRORSTRØM AS. Revenue 2.41m NOK → 2.50m NOK (+3.9%). Net result +973.8k NOK → +22.0k NOK. Equity 13.95m NOK → 1.17m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET DENNIS R BRORSTRØM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.41m NOK to 2.50m NOK (+3.9% YoY). Calculated
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↑
Operating result improved
Operating result +1.23m NOK → +1.32m NOK (op. margin 51.1% → 52.5%). Calculated
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↑
Cash rose
Bank deposits 1.14m NOK → 1.27m NOK (+11.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.65m NOK → 755.0k NOK (151% → 30% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +973.8k NOK → +22.0k NOK (net margin 40.4% → 0.9%). Calculated
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↓
Equity eroded
Book equity 13.95m NOK → 1.17m NOK (equity ratio 438.1% → 36.6%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 295.4k NOK → 1.48m NOK. Reported fact