Org.nr 993 459 852 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET ASTHOR AS: årsregnskap 2021 vs 2020

Shrank 9% on revenue, weaker earnings

registry 2022-04-05; journal 2022 188820

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET ASTHOR AS. Revenue 5.79m NOK → 5.26m NOK (-9.2%). Net result +823.0k NOK → +14.4k NOK. Equity 800.0k NOK → 864.5k NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET ASTHOR AS.

Scorecard

Revenue
5.79m NOK 5.26m NOK
-9.2%
Operating result
+1 173 NOK +1.38m NOK
+117166.0%
Net result
+823.0k NOK +14.4k NOK
-98.2%
Equity
800.0k NOK 864.5k NOK
+8.1%
Cash
336.3k NOK 1.13m NOK
+236.7%
Total assets
5.85m NOK 5.93m NOK
+1.4%

What improved

  • ↑

    Operating result improved

    Operating result +1 173 NOK → +1.38m NOK (op. margin 0.0% → 26.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 800.0k NOK → 864.5k NOK (equity ratio 13.7% → 14.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 336.3k NOK → 1.13m NOK (+236.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.79m NOK to 5.26m NOK (-9.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +823.0k NOK → +14.4k NOK (net margin 14.2% → 0.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.02× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 68.5k NOK → 23.6k NOK (-65.6% YoY). Calculated