FirmaIQ
Org.nr 917 337 829 2020 → 2021 Year-over-year analysis

ADVOKAT GRO ARNESEN FREMSTAD AS: årsregnskap 2021 vs 2020

Shrank 12% on revenue

approved 2022-04-27; registry 2022-05-02; journal 2022 245211

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT GRO ARNESEN FREMSTAD AS. Revenue 2.24m NOK → 1.98m NOK (-11.7%). Net result +697.7k NOK → +578.9k NOK. Equity 760.4k NOK → 609.3k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.24m NOK 1.98m NOK
-11.7%
Operating result
+888.7k NOK +742.3k NOK
-16.5%
Net result
+697.7k NOK +578.9k NOK
-17.0%
Equity
760.4k NOK 609.3k NOK
-19.9%
Cash
600.8k NOK 467.1k NOK
-22.3%
Total assets
17.8k NOK 1.04m NOK
+5745.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.24m NOK to 1.98m NOK (-11.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +888.7k NOK → +742.3k NOK (op. margin 39.7% → 37.6%). Calculated

  • ↓

    Net result weakened

    Net result +697.7k NOK → +578.9k NOK (net margin 31.2% → 29.3%). Calculated

  • ↓

    Equity eroded

    Book equity 760.4k NOK → 609.3k NOK (equity ratio 4278.0% → 58.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 600.8k NOK → 467.1k NOK (-22.3% YoY). Calculated