Org.nr 917 042 551 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET SOLBØ AS: årsregnskap 2021 vs 2020

Returned to profit

approved 2022-09-30; registry 2022-11-03; journal 2022 941404

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET SOLBØ AS. Net result -46.5k NOK → +70.2k NOK. Equity 1.73m NOK → 1.11m NOK.

On the constructive side: operating result improved; turned profitable. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SOLBØ AS.

Scorecard

Operating result
-59.5k NOK -17.1k NOK
+71.3%
Net result
-46.5k NOK +70.2k NOK
+251.1%
Equity
1.73m NOK 1.11m NOK
-36.0%
Cash
866.9k NOK 866.9k NOK
0.0%
Total assets
1.74m NOK 2.12m NOK
+22.2%

What improved

  • ↑

    Operating result improved

    Operating result -59.5k NOK → -17.1k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 46.5k NOK to a profit of 70.2k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.73m NOK → 1.11m NOK (equity ratio 99.9% → 52.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 76.18× → 0.22× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 449.3k NOK → 1 400 NOK. Reported fact