FirmaIQ
Org.nr 997 282 612 2020 → 2021 Year-over-year analysis

ADVOKAT MARTIN KR. FEET AS: årsregnskap 2021 vs 2020

Shrank 11% on revenue, weaker earnings

approved 2022-02-25; registry 2022-04-27; journal 2022 227791

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT MARTIN KR. FEET AS. Revenue 2.76m NOK → 2.46m NOK (-10.9%). Net result +350.0k NOK → +41.1k NOK. Equity 606.2k NOK → 647.3k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.76m NOK 2.46m NOK
-10.9%
Operating result
+450.0k NOK +52.2k NOK
-88.4%
Net result
+350.0k NOK +41.1k NOK
-88.3%
Equity
606.2k NOK 647.3k NOK
+6.8%
Cash
674.8k NOK 793.2k NOK
+17.5%
Total assets
1.82m NOK 1.75m NOK
-3.6%

What improved

  • ↑

    Equity strengthened

    Book equity 606.2k NOK → 647.3k NOK (equity ratio 33.4% → 36.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 674.8k NOK → 793.2k NOK (+17.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.76m NOK to 2.46m NOK (-10.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +450.0k NOK → +52.2k NOK (op. margin 16.3% → 2.1%). Calculated

  • ↓

    Net result weakened

    Net result +350.0k NOK → +41.1k NOK (net margin 12.7% → 1.7%). Calculated