Org.nr 817 818 382 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA KJØLLEBERG AS: årsregnskap 2021 vs 2020

Shrank 98% on revenue, slipped into loss, cash halved-plus

approved 2022-08-24; registry 2022-08-29; journal 2022 911313

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA KJØLLEBERG AS. Revenue 683.1k NOK → 15.0k NOK (-97.8%). Net result +502.8k NOK → -28.9k NOK. Equity 1.78m NOK → 2.70m NOK.

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

Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMA KJØLLEBERG AS.

Scorecard

Revenue
683.1k NOK 15.0k NOK
-97.8%
Operating result
+644.7k NOK -37.2k NOK
-105.8%
Net result
+502.8k NOK -28.9k NOK
-105.7%
Equity
1.78m NOK 2.70m NOK
+52.3%
Cash
7.14m NOK 112.0k NOK
-98.4%
Total assets
1.79m NOK 2.72m NOK
+52.1%

What improved

  • ↑

    Equity strengthened

    Book equity 1.78m NOK → 2.70m NOK (equity ratio 99.2% → 99.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 683.1k NOK to 15.0k NOK (-97.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +644.7k NOK → -37.2k NOK (op. margin 94.4% → -248.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 502.8k NOK profit to a loss of 28.9k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 7.14m NOK → 112.0k NOK (-98.4% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (7.14m NOK → 112.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 65.2k NOK → 23.1k NOK — check capital reduction, conversion, or reclassification. Interpretation