ADVOKATFIRMAET VINJE AS: årsregnskap 2021 vs 2020
Grew 16% on revenue, stronger earnings, cash halved-plus
approved 2022-04-06; registry 2022-04-27; journal 2022 229811
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET VINJE AS. Revenue 3.09m NOK → 3.59m NOK (+16.1%). Net result +328.1k NOK → +1.55m NOK. Equity 5.06m NOK → 5.11m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET VINJE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.09m NOK to 3.59m NOK (+16.1% YoY). Calculated
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Operating result improved
Operating result +833.3k NOK → +2.01m NOK (op. margin 26.9% → 56.0%). Calculated
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Net result improved
Net result +328.1k NOK → +1.55m NOK (net margin 10.6% → 43.2%). Calculated
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Equity strengthened
Book equity 5.06m NOK → 5.11m NOK (equity ratio 55.0% → 73.3%). Calculated
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Current ratio back above 1×
Current ratio 0.44× → 4.48×. Calculated
What deteriorated
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Cash fell
Bank deposits 899.7k NOK → 63.7k NOK (-92.9% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 105.0k NOK → 605 NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 763.3k NOK → 984.9k NOK (25% → 27% of revenue). Calculated
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Book investments changed
Investment / intangible book value 14.1k NOK → -12.9k NOK. Reported fact