Org.nr 982 409 705 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET ARNTZEN AS: årsregnskap 2021 vs 2020

Grew 12% on revenue

approved 2022-03-30; registry 2022-05-02; journal 2022 242369

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET ARNTZEN AS. Revenue 455.24m NOK → 511.21m NOK (+12.3%). Net result +1.84m NOK → +2.13m NOK. Equity 228.7k NOK → 228.7k NOK.

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

Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET ARNTZEN AS.

Scorecard

Revenue
455.24m NOK 511.21m NOK
+12.3%
Operating result
+236.44m NOK +274.29m NOK
+16.0%
Net result
+1.84m NOK +2.13m NOK
+15.9%
Equity
228.7k NOK 228.7k NOK
0.0%
Cash
57.02m NOK 44.24m NOK
-22.4%
Total assets
244.97m NOK 252.34m NOK
+3.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 455.24m NOK to 511.21m NOK (+12.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +236.44m NOK → +274.29m NOK (op. margin 51.9% → 53.7%). Calculated

  • ↑

    Net result improved

    Net result +1.84m NOK → +2.13m NOK (net margin 0.4% → 0.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 57.02m NOK → 44.24m NOK (-22.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 214.5k NOK → 201.6k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 2.15bn NOK → 2.16bn NOK (472% → 423% of revenue). Calculated