FirmaIQ
Org.nr 912 829 022 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA MJAASETH AS: årsregnskap 2021 vs 2020

Weaker earnings

registry 2022-03-31; journal 2022 174665

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA MJAASETH AS. Revenue 1.88m NOK → 1.83m NOK (-2.8%). Net result +36.6k NOK → +22.2k NOK. Equity 11.56m NOK → 11.58m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
1.88m NOK 1.83m NOK
-2.8%
Operating result
+52.4k NOK +39.9k NOK
-23.9%
Net result
+36.6k NOK +22.2k NOK
-39.3%
Equity
11.56m NOK 11.58m NOK
+0.2%
Cash
191.9k NOK 917.7k NOK
+378.2%
Total assets
1.37m NOK 7.71m NOK
+462.5%

What improved

  • ↑

    Equity strengthened

    Book equity 11.56m NOK → 11.58m NOK (equity ratio 844.0% → 150.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 191.9k NOK → 917.7k NOK (+378.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.01× → 60.44×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.88m NOK to 1.83m NOK (-2.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +52.4k NOK → +39.9k NOK (op. margin 2.8% → 2.2%). Calculated

  • ↓

    Net result weakened

    Net result +36.6k NOK → +22.2k NOK (net margin 1.9% → 1.2%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 358.3k NOK → 349.9k NOK. Reported fact