Org.nr 991 593 322 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA POLLAN THOWSEN AS: årsregnskap 2021 vs 2020

Shrank 8% on revenue

approved 2022-04-28; registry 2022-05-02; journal 2022 243127

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA POLLAN THOWSEN AS. Revenue 1.38m NOK → 1.26m NOK (-8.5%). Net result +58.1k NOK → +47.2k NOK. Equity 216.9k NOK → 264.2k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA POLLAN THOWSEN AS.

Scorecard

Revenue
1.38m NOK 1.26m NOK
-8.5%
Operating result
+73.0k NOK +58.5k NOK
-19.8%
Net result
+58.1k NOK +47.2k NOK
-18.7%
Equity
216.9k NOK 264.2k NOK
+21.8%
Cash
222.2k NOK 118.9k NOK
-46.5%
Total assets
470.6k NOK 529.9k NOK
+12.6%

What improved

  • ↑

    Equity strengthened

    Book equity 216.9k NOK → 264.2k NOK (equity ratio 46.1% → 49.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 865.5k NOK → 721.9k NOK (63% → 57% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.38m NOK to 1.26m NOK (-8.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +73.0k NOK → +58.5k NOK (op. margin 5.3% → 4.6%). Calculated

  • ↓

    Net result weakened

    Net result +58.1k NOK → +47.2k NOK (net margin 4.2% → 3.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 222.2k NOK → 118.9k NOK (-46.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 29.7k NOK → 7 095 NOK (-76.1% YoY). Calculated