ADVOKATFIRMAET KOLBJØRNSEN CYVIN AS: årsregnskap 2021 vs 2020
Shrank 18% on revenue, slipped into loss, cash halved-plus
approved 2022-04-28; registry 2022-05-04; journal 2022 252648
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET KOLBJØRNSEN CYVIN AS. Revenue 4.74m NOK → 3.88m NOK (-18.2%). Net result +114.8k NOK → -303.3k NOK. Equity 222.3k NOK → 69.0k NOK.
On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET KOLBJØRNSEN CYVIN AS.
At a glance
Scorecard
What improved
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Owners injected capital
Paid-in equity rose 30.0k NOK → 180.0k NOK (+150.0k NOK). Reported fact
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Payroll decreased
Salary cost 3.29m NOK → 3.01m NOK (69% → 78% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 4.74m NOK to 3.88m NOK (-18.2% YoY). Calculated
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Operating result weakened
Operating result +164.4k NOK → -376.3k NOK (op. margin 3.5% → -9.7%). Calculated
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Fell into a net loss
Net result flipped from 114.8k NOK profit to a loss of 303.3k NOK. Calculated
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Equity eroded
Book equity 222.3k NOK → 69.0k NOK (equity ratio 127.0% → 6.1%). Calculated
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Cash fell
Bank deposits 254.6k NOK → 99.6k NOK (-60.9% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 6.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 48.4k NOK → 5 451 NOK (-88.7% YoY). Calculated