FirmaIQ
Org.nr 979 805 756 2020 → 2021 Year-over-year analysis

ADVOKAT IMNA HARALD OTTERSTAD AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-04-27; registry 2022-05-04; journal 2022 252328

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT IMNA HARALD OTTERSTAD AS. Revenue 3.29m NOK → 3.36m NOK (+2.1%). Net result +337.2k NOK → +219.1k NOK. Equity 555.3k NOK → 199.3k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT IMNA HARALD OTTERSTAD AS.

At a glance

Scorecard

Revenue
3.29m NOK 3.36m NOK
+2.1%
Operating result
+436.8k NOK +289.3k NOK
-33.8%
Net result
+337.2k NOK +219.1k NOK
-35.0%
Equity
555.3k NOK 199.3k NOK
-64.1%
Cash
1.33m NOK 965.5k NOK
-27.2%
Total assets
1.71m NOK 1.30m NOK
-23.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.29m NOK to 3.36m NOK (+2.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +436.8k NOK → +289.3k NOK (op. margin 13.3% → 8.6%). Calculated

  • ↓

    Net result weakened

    Net result +337.2k NOK → +219.1k NOK (net margin 10.2% → 6.5%). Calculated

  • ↓

    Equity eroded

    Book equity 555.3k NOK → 199.3k NOK (equity ratio 32.4% → 15.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.33m NOK → 965.5k NOK (-27.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.94m NOK → 2.14m NOK (59% → 63% of revenue). Calculated