FirmaIQ
Org.nr 997 930 169 2020 → 2021 Year-over-year analysis

ADVOKAT OLE HÅKON ELLINGSEN AS: årsregnskap 2021 vs 2020

A steady year on the published lines

approved 2022-04-04; registry 2022-04-21; journal 2022 208261

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT OLE HÅKON ELLINGSEN AS. Revenue 3.21m NOK → 3.09m NOK (-3.7%). Net result +1.11m NOK → +1.06m NOK. Equity 387.8k NOK → 495.4k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
3.21m NOK 3.09m NOK
-3.7%
Operating result
+1.41m NOK +1.36m NOK
-4.1%
Net result
+1.11m NOK +1.06m NOK
-4.5%
Equity
387.8k NOK 495.4k NOK
+27.8%
Cash
1.62m NOK 1.43m NOK
-11.8%
Total assets
2.23m NOK 2.22m NOK
-0.2%

What improved

  • ↑

    Equity strengthened

    Book equity 387.8k NOK → 495.4k NOK (equity ratio 17.4% → 22.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.37m NOK → 1.34m NOK (43% → 43% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.21m NOK to 3.09m NOK (-3.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.41m NOK → +1.36m NOK (op. margin 44.1% → 43.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.62m NOK → 1.43m NOK (-11.8% YoY). Calculated