FirmaIQ
Org.nr 992 533 056 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET CARL-CHRISTIAN GRYTHE HOFF AS: årsregnskap 2021 vs 2020

Shrank 13% on revenue, weaker earnings

approved 2022-04-28; registry 2022-05-02; journal 2022 239983

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET CARL-CHRISTIAN GRYTHE HOFF AS. Revenue 2.64m NOK → 2.29m NOK (-13.1%). Net result +827.3k NOK → +459.0k NOK. Equity 2.14m NOK → 2.60m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.64m NOK 2.29m NOK
-13.1%
Operating result
n/m +578.6k NOK
—
Net result
+827.3k NOK +459.0k NOK
-44.5%
Equity
2.14m NOK 2.60m NOK
+21.4%
Cash
1.87m NOK 2.24m NOK
+19.4%
Total assets
2.91m NOK 3.23m NOK
+10.9%

What improved

  • ↑

    Equity strengthened

    Book equity 2.14m NOK → 2.60m NOK (equity ratio 73.6% → 80.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.87m NOK → 2.24m NOK (+19.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.64m NOK to 2.29m NOK (-13.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +827.3k NOK → +459.0k NOK (net margin 31.4% → 20.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.31m NOK → 1.47m NOK (50% → 64% of revenue). Calculated