FirmaIQ
Org.nr 923 065 490 2020 → 2021 Year-over-year analysis

ADVOKAT GUNNAR ANGAARD AS: årsregnskap 2021 vs 2020

Shrank 13% on revenue, weaker earnings

approved 2022-04-30; registry 2022-05-03; journal 2022 250559

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT GUNNAR ANGAARD AS. Revenue 3.04m NOK → 2.64m NOK (-13.1%). Net result +1.24m NOK → +900.8k NOK. Equity 1.32m NOK → 1.22m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.04m NOK 2.64m NOK
-13.1%
Operating result
+1.59m NOK +1.16m NOK
-26.8%
Net result
+1.24m NOK +900.8k NOK
-27.2%
Equity
1.32m NOK 1.22m NOK
-7.5%
Cash
2.34m NOK 1.40m NOK
-40.3%
Total assets
3.02m NOK 1.75m NOK
-42.0%

What improved

  • ↑

    Payroll decreased

    Salary cost 965.8k NOK → 937.2k NOK (32% → 36% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.04m NOK to 2.64m NOK (-13.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.59m NOK → +1.16m NOK (op. margin 52.3% → 44.0%). Calculated

  • ↓

    Net result weakened

    Net result +1.24m NOK → +900.8k NOK (net margin 40.8% → 34.2%). Calculated

  • ↓

    Equity eroded

    Book equity 1.32m NOK → 1.22m NOK (equity ratio 43.6% → 69.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.34m NOK → 1.40m NOK (-40.3% YoY). Calculated