ADVOKATFIRMAET JEGERSBERG & CO AS: årsregnskap 2021 vs 2020
Shrank 95% on revenue, weaker earnings, cash halved-plus
approved 2022-06-20; registry 2022-06-25; journal 2022 516277
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET JEGERSBERG & CO AS. Revenue 250.0k NOK → 12.0k NOK (-95.2%). Net result -485.5k NOK → -814.2k NOK. Equity 4.71m NOK → 3.90m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET JEGERSBERG & CO AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 250.0k NOK to 12.0k NOK (-95.2% YoY). Calculated
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Operating result weakened
Operating result -560.0k NOK → -900.2k NOK (op. margin -224.0% → -7474.1%). Calculated
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Net result weakened
Net result -485.5k NOK → -814.2k NOK (net margin -194.2% → -6760.6%). Calculated
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Equity eroded
Book equity 4.71m NOK → 3.90m NOK (equity ratio 91.0% → 97.7%). Calculated
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Cash fell
Bank deposits 2.11m NOK → 801.9k NOK (-61.9% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (2.11m NOK → 801.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Book investments changed
Investment / intangible book value 3.15m NOK → 172 NOK. Reported fact