Org.nr 998 877 636 2020 → 2021 Year-over-year analysis

ADVISO ADVOKATFIRMA AS: årsregnskap 2021 vs 2020

Grew 8% on revenue

approved 2022-04-25; registry 2022-05-02; journal 2022 243073

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVISO ADVOKATFIRMA AS. Revenue 24.66m NOK → 26.71m NOK (+8.3%). Net result +5.73m NOK → +4.94m NOK. Equity 7.23m NOK → 74.7k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVISO ADVOKATFIRMA AS.

Scorecard

Revenue
24.66m NOK 26.71m NOK
+8.3%
Operating result
+7.43m NOK +6.34m NOK
-14.7%
Net result
+5.73m NOK +4.94m NOK
-13.8%
Equity
7.23m NOK 74.7k NOK
-99.0%
Cash
8.17m NOK 4.80m NOK
-41.2%
Total assets
12.97m NOK 12.12m NOK
-6.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 24.66m NOK to 26.71m NOK (+8.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +7.43m NOK → +6.34m NOK (op. margin 30.1% → 23.7%). Calculated

  • ↓

    Net result weakened

    Net result +5.73m NOK → +4.94m NOK (net margin 23.2% → 18.5%). Calculated

  • ↓

    Equity eroded

    Book equity 7.23m NOK → 74.7k NOK (equity ratio 55.8% → 0.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 8.17m NOK → 4.80m NOK (-41.2% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.14× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 74.7k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 13.23m NOK → 15.46m NOK (54% → 58% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 10 → 11. Reported fact