FirmaIQ
Org.nr 918 976 485 2020 → 2021 Year-over-year analysis

ADVOKAT ULF E HANSEN AS: årsregnskap 2021 vs 2020

Shrank 21% on revenue, weaker earnings, cash halved-plus

approved 2022-04-27; registry 2022-05-02; journal 2022 239217

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT ULF E HANSEN AS. Revenue 7.33m NOK → 5.75m NOK (-21.4%). Net result +1.89m NOK → +535.1k NOK. Equity 30.0k NOK → 12.57m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
7.33m NOK 5.75m NOK
-21.4%
Operating result
+2.43m NOK +689.7k NOK
-71.6%
Net result
+1.89m NOK +535.1k NOK
-71.7%
Equity
30.0k NOK 12.57m NOK
+41783.7%
Cash
2.88m NOK 1.24m NOK
-56.9%
Total assets
3.51m NOK 1.71m NOK
-51.3%

What improved

  • ↑

    Equity strengthened

    Book equity 30.0k NOK → 12.57m NOK (equity ratio 0.9% → 735.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.33m NOK to 5.75m NOK (-21.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.43m NOK → +689.7k NOK (op. margin 33.1% → 12.0%). Calculated

  • ↓

    Net result weakened

    Net result +1.89m NOK → +535.1k NOK (net margin 25.8% → 9.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.88m NOK → 1.24m NOK (-56.9% YoY). Calculated