FirmaIQ
Org.nr 912 125 084 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA TJØNNDAL AS: årsregnskap 2021 vs 2020

Shrank 11% on revenue, slipped into loss

approved 2022-03-15; registry 2022-04-04; journal 2022 182918

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA TJØNNDAL AS. Revenue 4.15m NOK → 3.70m NOK (-10.9%). Net result +308.6k NOK → -31.7k NOK. Equity 1.97m NOK → 1.94m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
4.15m NOK 3.70m NOK
-10.9%
Operating result
+388.8k NOK -27.4k NOK
-107.1%
Net result
+308.6k NOK -31.7k NOK
-110.3%
Equity
1.97m NOK 1.94m NOK
-1.6%
Cash
2.99m NOK 2.12m NOK
-29.0%
Total assets
3.55m NOK 3.34m NOK
-5.8%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.69m NOK → 2.67m NOK (65% → 72% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.15m NOK to 3.70m NOK (-10.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +388.8k NOK → -27.4k NOK (op. margin 9.4% → -0.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 308.6k NOK profit to a loss of 31.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.97m NOK → 1.94m NOK (equity ratio 55.6% → 58.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.99m NOK → 2.12m NOK (-29.0% YoY). Calculated