FirmaIQ
Org.nr 912 785 386 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA WANG & HOLM-OLSEN AS: årsregnskap 2021 vs 2020

Shrank 8% on revenue, stronger earnings

approved 2022-04-26; registry 2022-05-02; journal 2022 239785

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA WANG & HOLM-OLSEN AS. Revenue 4.82m NOK → 4.46m NOK (-7.6%). Net result -175.3k NOK → -116.4k NOK. Equity 1.10m NOK → 8.99m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
4.82m NOK 4.46m NOK
-7.6%
Operating result
-227.6k NOK -159.7k NOK
+29.9%
Net result
-175.3k NOK -116.4k NOK
+33.6%
Equity
1.10m NOK 8.99m NOK
+714.3%
Cash
1.20m NOK 948.1k NOK
-21.0%
Total assets
1.79m NOK 2.02m NOK
+12.8%

What improved

  • ↑

    Operating result improved

    Operating result -227.6k NOK → -159.7k NOK (op. margin -4.7% → -3.6%). Calculated

  • ↑

    Net result improved

    Net result -175.3k NOK → -116.4k NOK (net margin -3.6% → -2.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.10m NOK → 8.99m NOK (equity ratio 61.7% → 445.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.82m NOK to 4.46m NOK (-7.6% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 1.20m NOK → 948.1k NOK (-21.0% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 3 260 NOK → 128.7k NOK (+3847.8% YoY). Calculated