Org.nr 998 468 272 2020 → 2021 Year-over-year analysis

ADVOKAT TARJEI AASEN AS: årsregnskap 2021 vs 2020

Shrank 20% on revenue, stronger earnings

approved 2022-04-29; registry 2022-05-02; journal 2022 247431

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT TARJEI AASEN AS. Revenue 3.35m NOK → 2.67m NOK (-20.2%). Net result +120.6k NOK → +157.6k NOK. Equity 315.2k NOK → 322.8k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
3.35m NOK 2.67m NOK
-20.2%
Operating result
+167.2k NOK +223.8k NOK
+33.9%
Net result
+120.6k NOK +157.6k NOK
+30.7%
Equity
315.2k NOK 322.8k NOK
+2.4%
Cash
538.7k NOK 327.4k NOK
-39.2%
Total assets
1.44m NOK 1.39m NOK
-3.5%

What improved

  • ↑

    Operating result improved

    Operating result +167.2k NOK → +223.8k NOK (op. margin 5.0% → 8.4%). Calculated

  • ↑

    Net result improved

    Net result +120.6k NOK → +157.6k NOK (net margin 3.6% → 5.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 315.2k NOK → 322.8k NOK (equity ratio 21.9% → 23.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.35m NOK to 2.67m NOK (-20.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 538.7k NOK → 327.4k NOK (-39.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 020 NOK → 1.43m NOK (0% → 54% of revenue). Calculated