Org.nr 922 091 463 2020 → 2021 Year-over-year analysis

ADVOKAT ANNICKEN IVERSEN AS: årsregnskap 2021 vs 2020

Grew 26% on revenue, slipped into loss

approved 2022-04-29; registry 2022-05-03; journal 2022 248745

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT ANNICKEN IVERSEN AS. Revenue 618.1k NOK → 779.6k NOK (+26.1%). Net result +43.1k NOK → -140.7k NOK. Equity 208.1k NOK → 67.4k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT ANNICKEN IVERSEN AS.

Scorecard

Revenue
618.1k NOK 779.6k NOK
+26.1%
Operating result
+57.4k NOK -141.0k NOK
-345.8%
Net result
+43.1k NOK -140.7k NOK
-426.2%
Equity
208.1k NOK 67.4k NOK
-67.6%
Cash
235.3k NOK 185.0k NOK
-21.4%
Total assets
352.6k NOK 225.0k NOK
-36.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 618.1k NOK to 779.6k NOK (+26.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +57.4k NOK → -141.0k NOK (op. margin 9.3% → -18.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 43.1k NOK profit to a loss of 140.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 208.1k NOK → 67.4k NOK (equity ratio 59.0% → 30.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 235.3k NOK → 185.0k NOK (-21.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 319.0k NOK → 660.0k NOK (52% → 85% of revenue). Calculated