Org.nr 916 531 532 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA KRANE AS: årsregnskap 2021 vs 2020

Shrank 88% on revenue, weaker earnings

approved 2022-04-27; registry 2022-04-30; journal 2022 237593

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA KRANE AS. Revenue 753.9k NOK → 87.8k NOK (-88.4%). Net result +118.8k NOK → +2 991 NOK. Equity 205.4k NOK → 208.4k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
753.9k NOK 87.8k NOK
-88.4%
Operating result
+131.9k NOK +4 673 NOK
-96.5%
Net result
+118.8k NOK +2 991 NOK
-97.5%
Equity
205.4k NOK 208.4k NOK
+1.5%
Cash
199.0k NOK 233.3k NOK
+17.3%
Total assets
367.6k NOK 361.4k NOK
-1.7%

What improved

  • ↑

    Equity strengthened

    Book equity 205.4k NOK → 208.4k NOK (equity ratio 55.9% → 57.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 199.0k NOK → 233.3k NOK (+17.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 753.9k NOK to 87.8k NOK (-88.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +131.9k NOK → +4 673 NOK (op. margin 17.5% → 5.3%). Calculated

  • ↓

    Net result weakened

    Net result +118.8k NOK → +2 991 NOK (net margin 15.8% → 3.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 307.2k NOK → 708.1k NOK (41% → 807% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 894 NOK → 19.7k NOK (+2100.9% YoY). Calculated