FirmaIQ
Org.nr 918 343 717 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET BRODWALL OG KVANVIK AS: årsregnskap 2021 vs 2020

Shrank 13% on revenue, weaker earnings

approved 2022-04-28; registry 2022-05-02; journal 2022 244881

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET BRODWALL OG KVANVIK AS. Revenue 8.41m NOK → 7.34m NOK (-12.7%). Net result +2.47m NOK → +1.95m NOK. Equity 3.59m NOK → 2.94m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
8.41m NOK 7.34m NOK
-12.7%
Operating result
+3.19m NOK +2.50m NOK
-21.5%
Net result
+2.47m NOK +1.95m NOK
-21.3%
Equity
3.59m NOK 2.94m NOK
-18.2%
Cash
4.92m NOK 3.27m NOK
-33.6%
Total assets
5.70m NOK 4.20m NOK
-26.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.41m NOK to 7.34m NOK (-12.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.19m NOK → +2.50m NOK (op. margin 37.9% → 34.0%). Calculated

  • ↓

    Net result weakened

    Net result +2.47m NOK → +1.95m NOK (net margin 29.4% → 26.5%). Calculated

  • ↓

    Equity eroded

    Book equity 3.59m NOK → 2.94m NOK (equity ratio 62.9% → 69.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.92m NOK → 3.27m NOK (-33.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 784.3k NOK → 524.2k NOK (-33.2% YoY). Calculated