Org.nr 996 262 375 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA FONN AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2021-12-31; registry 2022-05-02; journal 2022 246527

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA FONN AS. Revenue 1.67m NOK → 1.63m NOK (-2.5%). Net result -162.0k NOK → -119.0k NOK. Equity 1.55m NOK → 833.7k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA FONN AS.

Scorecard

Revenue
1.67m NOK 1.63m NOK
-2.5%
Operating result
-465.0k NOK -331.1k NOK
+28.8%
Net result
-162.0k NOK -119.0k NOK
+26.5%
Equity
1.55m NOK 833.7k NOK
-46.3%
Cash
194.2k NOK 409.3k NOK
+110.7%
Total assets
n/m 1.74m NOK
—

What improved

  • ↑

    Operating result improved

    Operating result -465.0k NOK → -331.1k NOK (op. margin -27.8% → -20.3%). Calculated

  • ↑

    Net result improved

    Net result -162.0k NOK → -119.0k NOK (net margin -9.7% → -7.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 194.2k NOK → 409.3k NOK (+110.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.67m NOK to 1.63m NOK (-2.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.55m NOK → 833.7k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 748.8k NOK → 560.1k NOK. Reported fact