FirmaIQ
Org.nr 991 435 271 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET ALVER AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-04-28; registry 2022-05-02; journal 2022 245107

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET ALVER AS. Revenue 19.92m NOK → 19.13m NOK (-4.0%). Net result +3.32m NOK → +2.37m NOK. Equity 1.97m NOK → 2.04m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
19.92m NOK 19.13m NOK
-4.0%
Operating result
+4.26m NOK +3.01m NOK
-29.3%
Net result
+3.32m NOK +2.37m NOK
-28.6%
Equity
1.97m NOK 2.04m NOK
+3.3%
Cash
355.0k NOK 399.9k NOK
+12.6%
Total assets
8.95m NOK 8.37m NOK
-6.4%

What improved

  • ↑

    Equity strengthened

    Book equity 1.97m NOK → 2.04m NOK (equity ratio 22.0% → 24.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 355.0k NOK → 399.9k NOK (+12.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 19.92m NOK to 19.13m NOK (-4.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.26m NOK → +3.01m NOK (op. margin 21.4% → 15.8%). Calculated

  • ↓

    Net result weakened

    Net result +3.32m NOK → +2.37m NOK (net margin 16.6% → 12.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 11.10m NOK → 11.23m NOK (56% → 59% of revenue). Calculated