Org.nr 917 906 912 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET ACTIO AS: årsregnskap 2021 vs 2020

Grew 6% on revenue, returned to profit

approved 2022-04-26; registry 2022-05-05; journal 2022 259074

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET ACTIO AS. Revenue 5.18m NOK → 5.48m NOK (+5.8%). Net result -131.8k NOK → +75.8k NOK. Equity 29.7k NOK → 74.1k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET ACTIO AS.

Scorecard

Revenue
5.18m NOK 5.48m NOK
+5.8%
Operating result
-164.2k NOK +102.1k NOK
+162.2%
Net result
-131.8k NOK +75.8k NOK
+157.5%
Equity
29.7k NOK 74.1k NOK
+149.0%
Cash
141.5k NOK 1.30m NOK
+820.2%
Total assets
508.6k NOK 1.66m NOK
+227.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.18m NOK to 5.48m NOK (+5.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -164.2k NOK → +102.1k NOK (op. margin -3.2% → 1.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 131.8k NOK to a profit of 75.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 29.7k NOK → 74.1k NOK (equity ratio 5.8% → 4.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 141.5k NOK → 1.30m NOK (+820.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 4.47m NOK → 4.67m NOK (86% → 85% of revenue). Calculated