FirmaIQ
Org.nr 989 580 477 2020 → 2021 Year-over-year analysis

ADVOKAT KJETIL H. NILSEN AS: årsregnskap 2021 vs 2020

Shrank 16% on revenue, slipped into loss

approved 2022-04-27; registry 2022-05-03; journal 2022 250233

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT KJETIL H. NILSEN AS. Revenue 2.01m NOK → 1.69m NOK (-16.1%). Net result +6.17m NOK → -84.2k NOK. Equity 747.5k NOK → 663.2k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.01m NOK 1.69m NOK
-16.1%
Operating result
+210.7k NOK -108.2k NOK
-151.4%
Net result
+6.17m NOK -84.2k NOK
-101.4%
Equity
747.5k NOK 663.2k NOK
-11.3%
Cash
717.5k NOK 655.9k NOK
-8.6%
Total assets
109.2k NOK 964.0k NOK
+782.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.01m NOK to 1.69m NOK (-16.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +210.7k NOK → -108.2k NOK (op. margin 10.5% → -6.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 6.17m NOK profit to a loss of 84.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 747.5k NOK → 663.2k NOK (equity ratio 684.4% → 68.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 717.5k NOK → 655.9k NOK (-8.6% YoY). Calculated