Org.nr 979 467 249 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET AASEN AS: årsregnskap 2021 vs 2020

Returned to profit

approved 2022-05-13; registry 2022-07-18; journal 2022 730356

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET AASEN AS. Revenue 4.20m NOK → 4.00m NOK (-4.7%). Net result -192.5k NOK → +149.4k NOK. Equity 183.3k NOK → 189.2k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Net constructive year on the published lines.

Scorecard

Revenue
4.20m NOK 4.00m NOK
-4.7%
Operating result
-201.5k NOK +187.2k NOK
+192.9%
Net result
-192.5k NOK +149.4k NOK
+177.6%
Equity
183.3k NOK 189.2k NOK
+3.2%
Cash
362.7k NOK 243.5k NOK
-32.9%
Total assets
1.47m NOK 985.8k NOK
-33.1%

What improved

  • ↑

    Operating result improved

    Operating result -201.5k NOK → +187.2k NOK (op. margin -4.8% → 4.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 192.5k NOK to a profit of 149.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 183.3k NOK → 189.2k NOK (equity ratio 12.4% → 19.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.36m NOK → 2.64m NOK (80% → 66% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.20m NOK to 4.00m NOK (-4.7% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 362.7k NOK → 243.5k NOK (-32.9% YoY). Calculated