ADVOKAT JAN SANDTRØ AS: årsregnskap 2021 vs 2020
Grew 112790% on revenue, stronger earnings, fresh owner capital
approved 2022-02-04; registry 2022-02-07; journal 2022 113650
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT JAN SANDTRØ AS. Revenue 5 123 NOK → 5.78m NOK (+112790.1%). Net result +3 NOK → +4.12m NOK. Equity 5.60m NOK → 355.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKAT JAN SANDTRØ AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 5 123 NOK to 5.78m NOK (+112790.1% YoY). Calculated
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Operating result improved
Operating result +3 754 NOK → +4.58m NOK (op. margin 73.3% → 79.3%). Calculated
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Net result improved
Net result +3 NOK → +4.12m NOK (net margin 0.1% → 71.2%). Calculated
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Cash rose
Bank deposits 3 062 NOK → 258.6k NOK (+8345.7% YoY). Calculated
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Owners injected capital
Paid-in equity rose 30.0k NOK → 39.0k NOK (+9 000 NOK). Reported fact
What deteriorated
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Equity eroded
Book equity 5.60m NOK → 355.1k NOK (equity ratio 115.2% → 8.7%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 8.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 1 047 NOK → 1.97m NOK (20% → 34% of revenue). Calculated