Org.nr 917 020 477 2020 → 2021 Year-over-year analysis

ADVOKAT GRY SØRHUS MOLLAN AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-04-29; registry 2022-05-04; journal 2022 254260

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT GRY SØRHUS MOLLAN AS. Revenue 1.72m NOK → 1.70m NOK (-0.9%). Net result +354.8k NOK → +230.9k NOK. Equity 5.87m NOK → 846.9k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
1.72m NOK 1.70m NOK
-0.9%
Operating result
+464.8k NOK +296.3k NOK
-36.3%
Net result
+354.8k NOK +230.9k NOK
-34.9%
Equity
5.87m NOK 846.9k NOK
-85.6%
Cash
834.0k NOK 909.1k NOK
+9.0%
Total assets
1.15m NOK 1.19m NOK
+3.2%

What improved

  • ↑

    Cash rose

    Bank deposits 834.0k NOK → 909.1k NOK (+9.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.72m NOK to 1.70m NOK (-0.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +464.8k NOK → +296.3k NOK (op. margin 27.1% → 17.4%). Calculated

  • ↓

    Net result weakened

    Net result +354.8k NOK → +230.9k NOK (net margin 20.7% → 13.6%). Calculated

  • ↓

    Equity eroded

    Book equity 5.87m NOK → 846.9k NOK (equity ratio 508.3% → 71.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 731.0k NOK → 893.5k NOK (43% → 52% of revenue). Calculated