FirmaIQ
Org.nr 920 239 811 2020 → 2021 Year-over-year analysis

ADVOKAT ELI ANNE TANBERG FINNE AS: årsregnskap 2021 vs 2020

Shrank 18% on revenue, slipped into loss

registry 2022-05-21; journal 2022 250217

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT ELI ANNE TANBERG FINNE AS. Revenue 2.19m NOK → 1.80m NOK (-17.6%). Net result +251.5k NOK → -99.5k NOK. Equity 962.8k NOK → 863.2k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT ELI ANNE TANBERG FINNE AS.

At a glance

Scorecard

Revenue
2.19m NOK 1.80m NOK
-17.6%
Operating result
+340.4k NOK -106.3k NOK
-131.2%
Net result
+251.5k NOK -99.5k NOK
-139.6%
Equity
962.8k NOK 863.2k NOK
-10.3%
Cash
136.5k NOK 112.0k NOK
-17.9%
Total assets
1.79m NOK 1.29m NOK
-27.8%

What improved

  • ↑

    Payroll decreased

    Salary cost 1.11m NOK → 1.09m NOK (51% → 61% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.19m NOK to 1.80m NOK (-17.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +340.4k NOK → -106.3k NOK (op. margin 15.6% → -5.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 251.5k NOK profit to a loss of 99.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 962.8k NOK → 863.2k NOK (equity ratio 53.7% → 66.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 136.5k NOK → 112.0k NOK (-17.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 344.0k NOK → 11.2k NOK (-96.7% YoY). Calculated