Org.nr 890 944 612 2020 → 2021 Year-over-year analysis

ADVOKAT WIIK JOHANSEN AS: årsregnskap 2021 vs 2020

Shrank 12% on revenue, weaker earnings

approved 2022-04-21; registry 2022-04-25; journal 2022 218534

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT WIIK JOHANSEN AS. Revenue 2.46m NOK → 2.16m NOK (-12.0%). Net result +440.5k NOK → +268.8k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
2.46m NOK 2.16m NOK
-12.0%
Operating result
+552.5k NOK +344.0k NOK
-37.7%
Net result
+440.5k NOK +268.8k NOK
-39.0%
Cash
1.16m NOK 1.81m NOK
+55.4%
Total assets
3.23m NOK 3.33m NOK
+3.3%

What improved

  • ↑

    Cash rose

    Bank deposits 1.16m NOK → 1.81m NOK (+55.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.46m NOK to 2.16m NOK (-12.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +552.5k NOK → +344.0k NOK (op. margin 22.5% → 15.9%). Calculated

  • ↓

    Net result weakened

    Net result +440.5k NOK → +268.8k NOK (net margin 17.9% → 12.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 320.0k NOK → 5 000 NOK. Reported fact