ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS: årsregnskap 2021 vs 2020
Shrank 25% on revenue, slipped into loss, cash halved-plus
approved 2022-04-21; registry 2022-04-25; journal 2022 222554
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS. Revenue 70.60m NOK → 53.15m NOK (-24.7%). Net result +2 314 NOK → -12.4k NOK. Equity 240.7k NOK → 154.3k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 70.60m NOK to 53.15m NOK (-24.7% YoY). Calculated
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Operating result weakened
Operating result +38.47m NOK → +23.76m NOK (op. margin 54.5% → 44.7%). Calculated
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Fell into a net loss
Net result flipped from 2 314 NOK profit to a loss of 12.4k NOK. Calculated
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Equity eroded
Book equity 240.7k NOK → 154.3k NOK (equity ratio 0.7% → 0.8%). Calculated
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Cash fell
Bank deposits 15.32m NOK → 5.22m NOK (-65.9% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (15.32m NOK → 5.22m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Paid-in equity reduced
Paid-in equity fell 132.6k NOK → 91.8k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 950.8k NOK → 920.8k NOK. Reported fact