Org.nr 992 125 950 2020 → 2021 Year-over-year analysis

ADVOKAT MARIT ERIKSSON AS: årsregnskap 2021 vs 2020

Grew 444% on revenue, weaker earnings

approved 2022-04-25; registry 2022-05-07; journal 2022 262069

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT MARIT ERIKSSON AS. Revenue 233.6k NOK → 1.27m NOK (+444.3%). Net result +43.9k NOK → +7 223 NOK. Equity 185.0k NOK → 192.2k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKAT MARIT ERIKSSON AS.

Scorecard

Revenue
233.6k NOK 1.27m NOK
+444.3%
Operating result
+44.8k NOK +8 561 NOK
-80.9%
Net result
+43.9k NOK +7 223 NOK
-83.6%
Equity
185.0k NOK 192.2k NOK
+3.9%
Cash
136.7k NOK 86.2k NOK
-36.9%
Total assets
436.3k NOK 385.2k NOK
-11.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 233.6k NOK to 1.27m NOK (+444.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 185.0k NOK → 192.2k NOK (equity ratio 42.4% → 49.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 824.0k NOK → 814.5k NOK (353% → 64% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +44.8k NOK → +8 561 NOK (op. margin 19.2% → 0.7%). Calculated

  • ↓

    Net result weakened

    Net result +43.9k NOK → +7 223 NOK (net margin 18.8% → 0.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 136.7k NOK → 86.2k NOK (-36.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 23.9k NOK → 43.3k NOK (+81.5% YoY). Calculated