Org.nr 989 416 995 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA SEKSE & CO. AS: årsregnskap 2021 vs 2020

Another loss-making year

approved 2022-03-29; registry 2022-04-25; journal 2022 217442

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA SEKSE & CO. AS. Revenue 19.61m NOK → 19.06m NOK (-2.8%). Net result -589 NOK → -799 NOK. Equity 856.7k NOK → 855.9k NOK.

On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
19.61m NOK 19.06m NOK
-2.8%
Operating result
+10.7k NOK +30.3k NOK
+182.6%
Net result
-589 NOK -799 NOK
-35.7%
Equity
856.7k NOK 855.9k NOK
-0.1%
Cash
2.78m NOK 2.88m NOK
+3.7%
Total assets
10.65m NOK 9.47m NOK
-11.1%

What improved

  • ↑

    Operating result improved

    Operating result +10.7k NOK → +30.3k NOK (op. margin 0.1% → 0.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.78m NOK → 2.88m NOK (+3.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 19.61m NOK to 19.06m NOK (-2.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.05m NOK → 5.88m NOK (10% → 31% of revenue). Calculated