Org.nr 925 571 954 2020 → 2021 Year-over-year analysis

ADVOKAT KNUT SKAGEN AS: årsregnskap 2021 vs 2020

Grew 77739% on revenue, weaker earnings

approved 2022-03-04; registry 2022-03-10; journal 2022 140397

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT KNUT SKAGEN AS. Revenue 2 965 NOK → 2.31m NOK (+77739.3%). Net result +1.05m NOK → +735.9k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT KNUT SKAGEN AS.

At a glance

Revenue

2 965 NOK 2.31m NOK

+77739.3%

Operating result

+1.35m NOK +971.0k NOK

-28.0%

Net result

+1.05m NOK +735.9k NOK

-29.9%

Cash

549.8k NOK 308.2k NOK

-43.9%

Total assets

2.45m NOK 2.51m NOK

+2.4%

↑
Revenue rose

Operating income / revenue moved from 2 965 NOK to 2.31m NOK (+77739.3% YoY). Calculated

↓
Operating result weakened

Operating result +1.35m NOK → +971.0k NOK (op. margin 45474.3% → 42.1%). Calculated
↓
Net result weakened

Net result +1.05m NOK → +735.9k NOK (net margin 35415.6% → 31.9%). Calculated
↓
Cash fell

Bank deposits 549.8k NOK → 308.2k NOK (-43.9% YoY). Calculated

·
Payroll increased

Salary cost 2 302 NOK → 925.4k NOK (78% → 40% of revenue). Calculated