FirmaIQ
Org.nr 977 515 742 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET DIETRICHSON AS: årsregnskap 2021 vs 2020

Shrank 9% on revenue, weaker earnings

approved 2022-04-25; registry 2022-05-02; journal 2022 240685

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET DIETRICHSON AS. Revenue 41.32m NOK → 37.54m NOK (-9.1%). Net result +12.59m NOK → +7.03m NOK. Equity 1.11m NOK → 1.11m NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET DIETRICHSON AS.

At a glance

Scorecard

Revenue
41.32m NOK 37.54m NOK
-9.1%
Operating result
+16.11m NOK +9.03m NOK
-44.0%
Net result
+12.59m NOK +7.03m NOK
-44.1%
Equity
1.11m NOK 1.11m NOK
0.0%
Cash
9.39m NOK 4.91m NOK
-47.7%
Total assets
n/m 15.59m NOK
—

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 41.32m NOK to 37.54m NOK (-9.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +16.11m NOK → +9.03m NOK (op. margin 39.0% → 24.1%). Calculated

  • ↓

    Net result weakened

    Net result +12.59m NOK → +7.03m NOK (net margin 30.5% → 18.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 9.39m NOK → 4.91m NOK (-47.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation