FirmaIQ
Org.nr 918 329 110 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA SYVERTSEN AS: årsregnskap 2021 vs 2020

Shrank 12% on revenue, weaker earnings

approved 2022-04-24; registry 2022-05-02; journal 2022 247867

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA SYVERTSEN AS. Revenue 2.22m NOK → 1.95m NOK (-12.2%). Net result +919.0k NOK → +216.7k NOK. Equity 11.72m NOK → 12.94m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.22m NOK 1.95m NOK
-12.2%
Operating result
+1.17m NOK +730.0k NOK
-37.8%
Net result
+919.0k NOK +216.7k NOK
-76.4%
Equity
11.72m NOK 12.94m NOK
+10.4%
Cash
96.5k NOK 308.5k NOK
+219.6%
Total assets
2.23m NOK 3.00m NOK
+34.7%

What improved

  • ↑

    Equity strengthened

    Book equity 11.72m NOK → 12.94m NOK (equity ratio 526.7% → 431.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 96.5k NOK → 308.5k NOK (+219.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.22m NOK to 1.95m NOK (-12.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.17m NOK → +730.0k NOK (op. margin 52.8% → 37.4%). Calculated

  • ↓

    Net result weakened

    Net result +919.0k NOK → +216.7k NOK (net margin 41.3% → 11.1%). Calculated