FirmaIQ
Org.nr 989 746 944 2020 → 2021 Year-over-year analysis

ADVOKAT LENE FRYKMAN AS: årsregnskap 2021 vs 2020

Shrank 27% on revenue, weaker earnings

approved 2022-03-04; registry 2022-03-07; journal 2022 136212

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT LENE FRYKMAN AS. Revenue 2.26m NOK → 1.64m NOK (-27.2%). Net result +181.3k NOK → +114.1k NOK. Equity 1.57m NOK → 4.88m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.26m NOK 1.64m NOK
-27.2%
Operating result
+192.5k NOK +101.5k NOK
-47.3%
Net result
+181.3k NOK +114.1k NOK
-37.1%
Equity
1.57m NOK 4.88m NOK
+211.7%
Cash
13.7k NOK 328.7k NOK
+2299.5%
Total assets
1.91m NOK 1.12m NOK
-41.1%

What improved

  • ↑

    Equity strengthened

    Book equity 1.57m NOK → 4.88m NOK (equity ratio 82.0% → 433.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 13.7k NOK → 328.7k NOK (+2299.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.26m NOK to 1.64m NOK (-27.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +192.5k NOK → +101.5k NOK (op. margin 8.5% → 6.2%). Calculated

  • ↓

    Net result weakened

    Net result +181.3k NOK → +114.1k NOK (net margin 8.0% → 6.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.42m NOK → 2.94m NOK (63% → 179% of revenue). Calculated