Org.nr 919 276 266 2020 → 2021 Year-over-year analysis

ADVOKAT NIELS KRISTIAN AXELSEN AS: årsregnskap 2021 vs 2020

Shrank 51% on revenue, weaker earnings, fresh owner capital

approved 2022-04-27; registry 2022-05-04; journal 2022 252768

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT NIELS KRISTIAN AXELSEN AS. Revenue 623.6k NOK → 304.1k NOK (-51.2%). Net result -103.2k NOK → -534.0k NOK. Equity 5.16m NOK → 4.62m NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
623.6k NOK 304.1k NOK
-51.2%
Operating result
-138.5k NOK -684.0k NOK
-394.0%
Net result
-103.2k NOK -534.0k NOK
-417.6%
Equity
5.16m NOK 4.62m NOK
-10.4%
Cash
5.18m NOK 3.14m NOK
-39.4%
Total assets
5.36m NOK 4.79m NOK
-10.6%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 200 NOK → 200.0k NOK (+199.8k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 623.6k NOK to 304.1k NOK (-51.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -138.5k NOK → -684.0k NOK (op. margin -22.2% → -225.0%). Calculated

  • ↓

    Net result weakened

    Net result -103.2k NOK → -534.0k NOK (net margin -16.5% → -175.6%). Calculated

  • ↓

    Equity eroded

    Book equity 5.16m NOK → 4.62m NOK (equity ratio 96.2% → 96.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.18m NOK → 3.14m NOK (-39.4% YoY). Calculated