ADVOKATFIRMAET ROGSTAD AS: årsregnskap 2021 vs 2020
Grew 15% on revenue, returned to profit
registry 2022-05-03; journal 2022 249201
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET ROGSTAD AS. Revenue 28.58m NOK → 32.92m NOK (+15.2%). Net result -1.88m NOK → +170.0k NOK. Equity 880.9k NOK → 51.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ROGSTAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 28.58m NOK to 32.92m NOK (+15.2% YoY). Calculated
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↑
Operating result improved
Operating result -2.45m NOK → -70.4k NOK (op. margin -8.6% → -0.2%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 1.88m NOK to a profit of 170.0k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 880.9k NOK → 51.0k NOK (equity ratio 7.0% → 0.4%). Calculated
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↓
Cash fell
Bank deposits 5.34m NOK → 4.72m NOK (-11.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 339.9k NOK → 1.24m NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 25 → 22. Reported fact