Org.nr 915 665 586 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA REMMAN AS: årsregnskap 2021 vs 2020

Grew 30% on revenue, slipped into loss

approved 2022-04-28; registry 2022-05-02; journal 2022 241907

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA REMMAN AS. Revenue 2.13m NOK → 2.77m NOK (+29.9%). Net result +7 261 NOK → -53.0k NOK. Equity 1.50m NOK → 1.45m NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA REMMAN AS.

Scorecard

Revenue
2.13m NOK 2.77m NOK
+29.9%
Operating result
+47.7k NOK +99.4k NOK
+108.5%
Net result
+7 261 NOK -53.0k NOK
-830.1%
Equity
1.50m NOK 1.45m NOK
-3.5%
Cash
622.8k NOK 759.9k NOK
+22.0%
Total assets
2.09m NOK 3.23m NOK
+54.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.13m NOK to 2.77m NOK (+29.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +47.7k NOK → +99.4k NOK (op. margin 2.2% → 3.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 622.8k NOK → 759.9k NOK (+22.0% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 7 261 NOK profit to a loss of 53.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.50m NOK → 1.45m NOK (equity ratio 71.7% → 44.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 640.3k NOK → 870.3k NOK (30% → 31% of revenue). Calculated