FirmaIQ
Org.nr 918 460 691 2020 → 2021 Year-over-year analysis

ADVOKAT KOCH AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-04-30; registry 2022-05-05; journal 2022 257994

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT KOCH AS. Revenue 2.04m NOK → 1.94m NOK (-4.8%). Net result +145.0k NOK → +514.7k NOK. Equity 2.07m NOK → 2.09m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKAT KOCH AS.

At a glance

Scorecard

Revenue
2.04m NOK 1.94m NOK
-4.8%
Operating result
+427.2k NOK +765.2k NOK
+79.1%
Net result
+145.0k NOK +514.7k NOK
+255.0%
Equity
2.07m NOK 2.09m NOK
+0.7%
Cash
163.2k NOK 261.2k NOK
+60.1%
Total assets
3.45m NOK 2.86m NOK
-17.1%

What improved

  • ↑

    Operating result improved

    Operating result +427.2k NOK → +765.2k NOK (op. margin 20.9% → 39.4%). Calculated

  • ↑

    Net result improved

    Net result +145.0k NOK → +514.7k NOK (net margin 7.1% → 26.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.07m NOK → 2.09m NOK (equity ratio 60.0% → 73.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 163.2k NOK → 261.2k NOK (+60.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.04m NOK to 1.94m NOK (-4.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3 300 NOK → 300.0k NOK (0% → 15% of revenue). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.47m NOK → 966.0k NOK — check capital reduction, conversion, or reclassification. Interpretation