FirmaIQ
Org.nr 817 896 782 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET HEIN BÆRA AS: årsregnskap 2021 vs 2020

Shrank 30% on revenue, weaker earnings

approved 2022-04-22; registry 2022-06-04; journal 2022 415587

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET HEIN BÆRA AS. Revenue 2.41m NOK → 1.67m NOK (-30.4%). Net result +190.5k NOK → +32.6k NOK. Equity 1.30m NOK → 1.33m NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET HEIN BÆRA AS.

At a glance

Scorecard

Revenue
2.41m NOK 1.67m NOK
-30.4%
Operating result
+274.8k NOK +42.2k NOK
-84.6%
Net result
+190.5k NOK +32.6k NOK
-82.9%
Equity
1.30m NOK 1.33m NOK
+2.5%
Cash
289.6k NOK 993.4k NOK
+243.1%
Total assets
1.96m NOK 1.62m NOK
-17.3%

What improved

  • ↑

    Equity strengthened

    Book equity 1.30m NOK → 1.33m NOK (equity ratio 66.2% → 82.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 289.6k NOK → 993.4k NOK (+243.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.41m NOK to 1.67m NOK (-30.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +274.8k NOK → +42.2k NOK (op. margin 11.4% → 2.5%). Calculated

  • ↓

    Net result weakened

    Net result +190.5k NOK → +32.6k NOK (net margin 7.9% → 1.9%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 15.7k NOK → 21.7k NOK (+38.0% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1.2 → 1. Reported fact