FirmaIQ
Org.nr 879 943 132 2020 → 2021 Year-over-year analysis

ADVOKAT NIELS - CHRISTIAN HOLM AS: årsregnskap 2021 vs 2020

Returned to profit, cash halved-plus

approved 2022-04-27; registry 2022-05-02; journal 2022 241037

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT NIELS - CHRISTIAN HOLM AS. Revenue 409.8k NOK → 392.6k NOK (-4.2%). Net result -19.9k NOK → +2 319 NOK. Equity 84.4k NOK → 86.7k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
409.8k NOK 392.6k NOK
-4.2%
Operating result
-36.8k NOK +1 119 NOK
+103.0%
Net result
-19.9k NOK +2 319 NOK
+111.7%
Equity
84.4k NOK 86.7k NOK
+2.7%
Cash
146.7k NOK 66.1k NOK
-55.0%
Total assets
396.4k NOK 374.6k NOK
-5.5%

What improved

  • ↑

    Operating result improved

    Operating result -36.8k NOK → +1 119 NOK (op. margin -9.0% → 0.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 19.9k NOK to a profit of 2 319 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 84.4k NOK → 86.7k NOK (equity ratio 21.3% → 23.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 390.2k NOK → 311.4k NOK (95% → 79% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 409.8k NOK to 392.6k NOK (-4.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 146.7k NOK → 66.1k NOK (-55.0% YoY). Calculated