ADVOKATFIRMAET ØSTBERG AS: årsregnskap 2021 vs 2020
Grew 10% on revenue, weaker earnings, cash halved-plus
approved 2022-04-30; registry 2022-05-03; journal 2022 250499
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET ØSTBERG AS. Revenue 681.0k NOK → 752.0k NOK (+10.4%). Net result -21.7k NOK → -68.2k NOK. Equity 217.6k NOK → 149.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET ØSTBERG AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 681.0k NOK to 752.0k NOK (+10.4% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -29.8k NOK → -68.0k NOK (op. margin -4.4% → -9.0%). Calculated
-
↓
Net result weakened
Net result -21.7k NOK → -68.2k NOK (net margin -3.2% → -9.1%). Calculated
-
↓
Equity eroded
Book equity 217.6k NOK → 149.4k NOK (equity ratio 63.5% → 37.1%). Calculated
-
↓
Cash fell
Bank deposits 301.3k NOK → 125.6k NOK (-58.3% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 440.8k NOK → 501.0k NOK (65% → 67% of revenue). Calculated