Org.nr 977 107 326 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA ARE JOHNSEN AS: årsregnskap 2021 vs 2020

Grew 17% on revenue, weaker earnings

approved 2022-03-09; registry 2022-04-09; journal 2022 196682

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA ARE JOHNSEN AS. Revenue 1.60m NOK → 1.87m NOK (+17.1%). Net result +168.8k NOK → +18.0k NOK. Equity 223.0k NOK → 241.0k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
1.60m NOK 1.87m NOK
+17.1%
Operating result
+209.9k NOK +21.4k NOK
-89.8%
Net result
+168.8k NOK +18.0k NOK
-89.3%
Equity
223.0k NOK 241.0k NOK
+8.1%
Cash
71.5k NOK 207.2k NOK
+190.0%
Total assets
538.8k NOK 579.4k NOK
+7.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.60m NOK to 1.87m NOK (+17.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 223.0k NOK → 241.0k NOK (equity ratio 41.4% → 41.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 71.5k NOK → 207.2k NOK (+190.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.72m NOK → 1 225 NOK (107% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +209.9k NOK → +21.4k NOK (op. margin 13.1% → 1.1%). Calculated

  • ↓

    Net result weakened

    Net result +168.8k NOK → +18.0k NOK (net margin 10.6% → 1.0%). Calculated