Org.nr 921 777 442 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA ASPEFLATEN AS: årsregnskap 2021 vs 2020

Shrank 80% on revenue, stronger earnings

approved 2022-04-28; registry 2022-05-02; journal 2022 245393

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA ASPEFLATEN AS. Revenue 770.5k NOK → 157.4k NOK (-79.6%). Net result +15.4k NOK → +50.1k NOK. Equity -56.6k NOK → -6 464 NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMA ASPEFLATEN AS.

Scorecard

Revenue
770.5k NOK 157.4k NOK
-79.6%
Operating result
+18.6k NOK +56.5k NOK
+203.6%
Net result
+15.4k NOK +50.1k NOK
+224.7%
Equity
-56.6k NOK -6 464 NOK
+88.6%
Cash
20.0k NOK 22.7k NOK
+13.4%
Total assets
185.6k NOK 265.4k NOK
+43.0%

What improved

  • ↑

    Operating result improved

    Operating result +18.6k NOK → +56.5k NOK (op. margin 2.4% → 35.9%). Calculated

  • ↑

    Net result improved

    Net result +15.4k NOK → +50.1k NOK (net margin 2.0% → 31.8%). Calculated

  • ↑

    Equity strengthened

    Book equity -56.6k NOK → -6 464 NOK (equity ratio -30.5% → -2.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 20.0k NOK → 22.7k NOK (+13.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.38m NOK → 694.9k NOK (698% → 441% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 770.5k NOK to 157.4k NOK (-79.6% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact