FirmaIQ
Org.nr 915 063 640 2020 → 2021 Year-over-year analysis

ADVOKATENE PÅ ST. OLAVS PLASS AS: årsregnskap 2021 vs 2020

Slipped into loss

approved 2021-12-31; registry 2022-05-05; journal 2022 260860

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATENE PÅ ST. OLAVS PLASS AS. Revenue 1.18m NOK → 1.17m NOK (-0.7%). Net result +2 145 NOK → -3 403 NOK. Equity 11.9k NOK → 8 460 NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATENE PÅ ST. OLAVS PLASS AS.

At a glance

Scorecard

Revenue
1.18m NOK 1.17m NOK
-0.7%
Operating result
+7 468 NOK +814 NOK
-89.1%
Net result
+2 145 NOK -3 403 NOK
-258.6%
Equity
11.9k NOK 8 460 NOK
-28.7%
Cash
41.4k NOK 292.1k NOK
+605.2%
Total assets
320.8k NOK 334.3k NOK
+4.2%

What improved

  • ↑

    Cash rose

    Bank deposits 41.4k NOK → 292.1k NOK (+605.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.18m NOK to 1.17m NOK (-0.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +7 468 NOK → +814 NOK (op. margin 0.6% → 0.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 2 145 NOK profit to a loss of 3 403 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 11.9k NOK → 8 460 NOK (equity ratio 3.7% → 2.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation