FirmaIQ
Org.nr 911 943 328 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET BAADSTØ AS: årsregnskap 2021 vs 2020

Returned to profit

approved 2022-04-28; registry 2022-05-02; journal 2022 243653

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET BAADSTØ AS. Revenue 3.32m NOK → 3.47m NOK (+4.4%). Net result -227.5k NOK → +8 963 NOK. Equity 1.81m NOK → 1.82m NOK.

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

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

At a glance

Scorecard

Revenue
3.32m NOK 3.47m NOK
+4.4%
Operating result
-290.0k NOK +14.2k NOK
+104.9%
Net result
-227.5k NOK +8 963 NOK
+103.9%
Equity
1.81m NOK 1.82m NOK
+0.5%
Cash
8 NOK 9.49m NOK
+118651775.0%
Total assets
2.79m NOK 2.62m NOK
-6.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.32m NOK to 3.47m NOK (+4.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -290.0k NOK → +14.2k NOK (op. margin -8.7% → 0.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 227.5k NOK to a profit of 8 963 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.81m NOK → 1.82m NOK (equity ratio 64.9% → 69.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 8 NOK → 9.49m NOK (+118651775.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 371.3k NOK → 240.2k NOK (-35.3% YoY). Calculated