FirmaIQ
Org.nr 989 362 968 2020 → 2021 Year-over-year analysis

ADVOKAT PETTER MELLO AS: årsregnskap 2021 vs 2020

Shrank 14% on revenue, slipped into loss

approved 2022-04-29; registry 2022-05-02; journal 2022 246067

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT PETTER MELLO AS. Revenue 1.51m NOK → 1.30m NOK (-13.7%). Net result +80.8k NOK → -46.3k NOK. Equity 431.9k NOK → 385.7k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT PETTER MELLO AS.

At a glance

Scorecard

Revenue
1.51m NOK 1.30m NOK
-13.7%
Operating result
+83.0k NOK -45.3k NOK
-154.6%
Net result
+80.8k NOK -46.3k NOK
-157.3%
Equity
431.9k NOK 385.7k NOK
-10.7%
Cash
166.3k NOK 130.1k NOK
-21.8%
Total assets
732.2k NOK 791.8k NOK
+8.2%

What improved

  • ↑

    Payroll decreased

    Salary cost 4.58m NOK → 4.52m NOK (303% → 347% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.51m NOK to 1.30m NOK (-13.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +83.0k NOK → -45.3k NOK (op. margin 5.5% → -3.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 80.8k NOK profit to a loss of 46.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 431.9k NOK → 385.7k NOK (equity ratio 59.0% → 48.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 166.3k NOK → 130.1k NOK (-21.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 139.7k NOK → 121.5k NOK (-13.0% YoY). Calculated