Org.nr 989 397 672 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET RIISE & BROWN AS: årsregnskap 2021 vs 2020

Shrank 20% on revenue, slipped into loss

approved 2022-04-28; registry 2022-05-02; journal 2022 241751

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET RIISE & BROWN AS. Revenue 5.83m NOK → 4.69m NOK (-19.6%). Net result +41.1k NOK → -129.8k NOK. Equity 463.4k NOK → 333.6k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET RIISE & BROWN AS.

Scorecard

Revenue
5.83m NOK 4.69m NOK
-19.6%
Operating result
+10 NOK -198.1k NOK
-1980980.0%
Net result
+41.1k NOK -129.8k NOK
-415.6%
Equity
463.4k NOK 333.6k NOK
-28.0%
Cash
253.6k NOK 296.8k NOK
+17.0%
Total assets
1.95m NOK 1.35m NOK
-30.8%

What improved

  • ↑

    Cash rose

    Bank deposits 253.6k NOK → 296.8k NOK (+17.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.83m NOK to 4.69m NOK (-19.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +10 NOK → -198.1k NOK (op. margin 0.0% → -4.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 41.1k NOK profit to a loss of 129.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 463.4k NOK → 333.6k NOK (equity ratio 23.7% → 24.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.07× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 11.31m NOK → 11.37m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 2. Reported fact