ADVOKATFIRMAET MARIA OFTEDAL AS: årsregnskap 2021 vs 2020
Grew 15% on revenue, weaker earnings
approved 2022-02-28; registry 2022-03-12; journal 2022 142349
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET MARIA OFTEDAL AS. Revenue 2.65m NOK → 3.05m NOK (+15.0%). Net result +493.7k NOK → +12.5k NOK. Equity 124.5k NOK → 137.0k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET MARIA OFTEDAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.65m NOK to 3.05m NOK (+15.0% YoY). Calculated
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↑
Equity strengthened
Book equity 124.5k NOK → 137.0k NOK (equity ratio 61.9% → 8.1%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.02× → 1.07×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +632.5k NOK → +16.1k NOK (op. margin 23.8% → 0.5%). Calculated
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↓
Net result weakened
Net result +493.7k NOK → +12.5k NOK (net margin 18.6% → 0.4%). Calculated
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↓
Cash fell
Bank deposits 862.0k NOK → 713.3k NOK (-17.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.61m NOK → 2.60m NOK (61% → 85% of revenue). Calculated