FirmaIQ
Org.nr 975 990 257 2020 → 2021 Year-over-year analysis

ADVOKAT24 AS: årsregnskap 2021 vs 2020

Shrank 29% on revenue, slipped into loss

approved 2022-04-29; registry 2022-05-03; journal 2022 248911

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT24 AS. Revenue 7.50m NOK → 5.34m NOK (-28.7%). Net result +286.1k NOK → -1.53m NOK. Equity 2.05m NOK → 9.52m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
7.50m NOK 5.34m NOK
-28.7%
Operating result
+480.0k NOK -1.30m NOK
-370.1%
Net result
+286.1k NOK -1.53m NOK
-634.7%
Equity
2.05m NOK 9.52m NOK
+364.5%
Cash
741.7k NOK 829.5k NOK
+11.8%
Total assets
7.86m NOK 5.85m NOK
-25.6%

What improved

  • ↑

    Equity strengthened

    Book equity 2.05m NOK → 9.52m NOK (equity ratio 26.1% → 162.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 741.7k NOK → 829.5k NOK (+11.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.50m NOK to 5.34m NOK (-28.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +480.0k NOK → -1.30m NOK (op. margin 6.4% → -24.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 286.1k NOK profit to a loss of 1.53m NOK. Calculated