ADVOKATFIRMAET KOLDEN OG RINGERUD AS: årsregnskap 2021 vs 2020
Grew 12% on revenue, weaker earnings, cash halved-plus
approved 2022-04-18; registry 2022-05-03; journal 2022 249459
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET KOLDEN OG RINGERUD AS. Revenue 3.51m NOK → 3.93m NOK (+12.1%). Net result +771.0k NOK → +25.4k NOK. Equity 173.1k NOK → 160.5k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET KOLDEN OG RINGERUD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.51m NOK to 3.93m NOK (+12.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +957.5k NOK → +314.6k NOK (op. margin 27.3% → 8.0%). Calculated
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↓
Net result weakened
Net result +771.0k NOK → +25.4k NOK (net margin 22.0% → 0.6%). Calculated
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↓
Equity eroded
Book equity 173.1k NOK → 160.5k NOK (equity ratio 4.9% → 4.2%). Calculated
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↓
Cash fell
Bank deposits 860.6k NOK → 153.8k NOK (-82.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Headcount (årsverk) changed
Reported FTEs 1.5 → 1.6. Reported fact