FirmaIQ
Org.nr 959 458 944 2020 → 2021 Year-over-year analysis

ADVOKAT BJØRN SOLTVEDT AS: årsregnskap 2021 vs 2020

Shrank 20% on revenue, weaker earnings

approved 2022-04-26; registry 2022-04-28; journal 2022 233326

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT BJØRN SOLTVEDT AS. Revenue 1.30m NOK → 1.05m NOK (-19.5%). Net result +17.3k NOK → +2 683 NOK. Equity 539.2k NOK → 541.9k NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.30m NOK 1.05m NOK
-19.5%
Operating result
-62.4k NOK +4 364 NOK
+107.0%
Net result
+17.3k NOK +2 683 NOK
-84.5%
Equity
539.2k NOK 541.9k NOK
+0.5%
Cash
158.0k NOK 443.0k NOK
+180.4%
Total assets
872.9k NOK 908.7k NOK
+4.1%

What improved

  • ↑

    Operating result improved

    Operating result -62.4k NOK → +4 364 NOK (op. margin -4.8% → 0.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 539.2k NOK → 541.9k NOK (equity ratio 61.8% → 59.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 158.0k NOK → 443.0k NOK (+180.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.30m NOK to 1.05m NOK (-19.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result +17.3k NOK → +2 683 NOK (net margin 1.3% → 0.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.02m NOK → 1.72m NOK (78% → 163% of revenue). Calculated