FirmaIQ
Org.nr 920 826 024 2020 → 2021 Year-over-year analysis

ADVOKAT ANNA THERESE FLATMO AS: årsregnskap 2021 vs 2020

Shrank 6% on revenue, cash halved-plus

approved 2022-04-18; registry 2022-04-25; journal 2022 220180

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT ANNA THERESE FLATMO AS. Revenue 1.84m NOK → 1.73m NOK (-6.1%). Net result +236.2k NOK → +246.6k NOK. Equity 944.8k NOK → 191.4k NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.84m NOK 1.73m NOK
-6.1%
Operating result
+273.6k NOK +304.7k NOK
+11.4%
Net result
+236.2k NOK +246.6k NOK
+4.4%
Equity
944.8k NOK 191.4k NOK
-79.7%
Cash
616.1k NOK 1 187 NOK
-99.8%
Total assets
1.58m NOK 1.76m NOK
+11.6%

What improved

  • ↑

    Operating result improved

    Operating result +273.6k NOK → +304.7k NOK (op. margin 14.8% → 17.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 561.7k NOK → 319.2k NOK (30% → 18% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.84m NOK to 1.73m NOK (-6.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 944.8k NOK → 191.4k NOK (equity ratio 60.0% → 10.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 616.1k NOK → 1 187 NOK (-99.8% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 283.2k NOK → 325.0k NOK (+14.7% YoY). Calculated