Org.nr 920 771 335 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA SIMONSEN OG RANA AS: årsregnskap 2021 vs 2020

Grew 334% on revenue, weaker earnings

approved 2022-05-24; registry 2022-05-30; journal 2022 370482

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA SIMONSEN OG RANA AS. Revenue 231.8k NOK → 1.01m NOK (+334.2%). Net result +411.0k NOK → +44.0k NOK. Equity 6.47m NOK → 512.2k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMA SIMONSEN OG RANA AS.

Scorecard

Revenue
231.8k NOK 1.01m NOK
+334.2%
Operating result
+532.3k NOK +62.4k NOK
-88.3%
Net result
+411.0k NOK +44.0k NOK
-89.3%
Equity
6.47m NOK 512.2k NOK
-92.1%
Cash
332.6k NOK 806.7k NOK
+142.5%
Total assets
976.7k NOK 984.7k NOK
+0.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 231.8k NOK to 1.01m NOK (+334.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 332.6k NOK → 806.7k NOK (+142.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +532.3k NOK → +62.4k NOK (op. margin 229.6% → 6.2%). Calculated

  • ↓

    Net result weakened

    Net result +411.0k NOK → +44.0k NOK (net margin 177.3% → 4.4%). Calculated

  • ↓

    Equity eroded

    Book equity 6.47m NOK → 512.2k NOK (equity ratio 662.3% → 52.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.29m NOK → 2.54m NOK (990% → 252% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact