FirmaIQ
Org.nr 913 857 372 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA MÆLAND & CO AS: årsregnskap 2021 vs 2020

Shrank 14% on revenue

approved 2022-03-22; registry 2022-03-26; journal 2022 166168

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA MÆLAND & CO AS. Revenue 8.86m NOK → 7.58m NOK (-14.4%). Net result +2.33m NOK → +1.88m NOK. Equity 5.86m NOK → 4.74m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
8.86m NOK 7.58m NOK
-14.4%
Operating result
+2.95m NOK +2.39m NOK
-19.0%
Net result
+2.33m NOK +1.88m NOK
-19.2%
Equity
5.86m NOK 4.74m NOK
-19.1%
Cash
6.07m NOK 3.38m NOK
-44.2%
Total assets
10.37m NOK 7.49m NOK
-27.8%

What improved

  • ↑

    Payroll decreased

    Salary cost 4.25m NOK → 3.63m NOK (48% → 48% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.86m NOK to 7.58m NOK (-14.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.95m NOK → +2.39m NOK (op. margin 33.3% → 31.6%). Calculated

  • ↓

    Net result weakened

    Net result +2.33m NOK → +1.88m NOK (net margin 26.3% → 24.8%). Calculated

  • ↓

    Equity eroded

    Book equity 5.86m NOK → 4.74m NOK (equity ratio 56.5% → 63.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.07m NOK → 3.38m NOK (-44.2% YoY). Calculated