Org.nr 988 971 332 2020 → 2021 Year-over-year analysis

ADVOKAT OLE MORTEN HUSMO AS: årsregnskap 2021 vs 2020

Shrank 57% on revenue, slipped into loss, cash halved-plus

approved 2022-04-25; registry 2022-04-27; journal 2022 228683

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT OLE MORTEN HUSMO AS. Revenue 314.6k NOK → 135.8k NOK (-56.8%). Net result +90.4k NOK → -10.1k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT OLE MORTEN HUSMO AS.

Scorecard

Revenue
314.6k NOK 135.8k NOK
-56.8%
Operating result
-50.6k NOK +30.0k NOK
+159.4%
Net result
+90.4k NOK -10.1k NOK
-111.2%
Cash
50.0k NOK 25 NOK
-100.0%
Total assets
497.9k NOK 356.8k NOK
-28.3%

What improved

  • ↑

    Operating result improved

    Operating result -50.6k NOK → +30.0k NOK (op. margin -16.1% → 22.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 314.6k NOK to 135.8k NOK (-56.8% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 90.4k NOK profit to a loss of 10.1k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 50.0k NOK → 25 NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5 000 NOK → 296 NOK. Reported fact