FirmaIQ
Org.nr 924 388 889 2020 → 2021 Year-over-year analysis

ADVOKAT KJELL INGE AMBJØRNDALEN AS: årsregnskap 2021 vs 2020

Grew 7% on revenue

approved 2022-04-29; registry 2022-05-02; journal 2022 245629

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT KJELL INGE AMBJØRNDALEN AS. Revenue 3.67m NOK → 3.92m NOK (+6.8%). Net result +1.75m NOK → +1.92m NOK. Equity 6.10m NOK → 122.2k NOK.

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

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKAT KJELL INGE AMBJØRNDALEN AS.

At a glance

Scorecard

Revenue
3.67m NOK 3.92m NOK
+6.8%
Operating result
+2.24m NOK +2.46m NOK
+9.8%
Net result
+1.75m NOK +1.92m NOK
+9.7%
Equity
6.10m NOK 122.2k NOK
-98.0%
Cash
2.27m NOK 2.01m NOK
-11.5%
Total assets
2.64m NOK 2.54m NOK
-3.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.67m NOK to 3.92m NOK (+6.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.24m NOK → +2.46m NOK (op. margin 61.1% → 62.8%). Calculated

  • ↑

    Net result improved

    Net result +1.75m NOK → +1.92m NOK (net margin 47.7% → 49.0%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 6.10m NOK → 122.2k NOK (equity ratio 230.7% → 4.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.27m NOK → 2.01m NOK (-11.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1 074 NOK → 1.06m NOK (0% → 27% of revenue). Calculated