Org.nr 978 684 432 2020 → 2021 Year-over-year analysis

ADVOKAT TOM HERMANSEN AS: årsregnskap 2021 vs 2020

Shrank 25% on revenue, slipped into loss

registry 2022-05-02; journal 2022 242733

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT TOM HERMANSEN AS. Revenue 593.3k NOK → 446.5k NOK (-24.7%). Net result +36.6k NOK → -77.6k NOK. Equity 327.0k NOK → 249.4k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
593.3k NOK 446.5k NOK
-24.7%
Operating result
+48.0k NOK -80.4k NOK
-267.6%
Net result
+36.6k NOK -77.6k NOK
-312.1%
Equity
327.0k NOK 249.4k NOK
-23.7%
Cash
118.8k NOK 348.8k NOK
+193.6%

What improved

  • ↑

    Cash rose

    Bank deposits 118.8k NOK → 348.8k NOK (+193.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 355.2k NOK → 296.0k NOK (60% → 66% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 593.3k NOK to 446.5k NOK (-24.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +48.0k NOK → -80.4k NOK (op. margin 8.1% → -18.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 36.6k NOK profit to a loss of 77.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 327.0k NOK → 249.4k NOK. Calculated