Org.nr 913 106 873 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET DINGSTAD-ERIKSEN AS: årsregnskap 2021 vs 2020

Grew 82% on revenue

approved 2022-04-26; registry 2022-04-28; journal 2022 234538

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET DINGSTAD-ERIKSEN AS. Revenue 465.0k NOK → 847.7k NOK (+82.3%). Net result -28.8k NOK → -37.5k NOK. Equity -100.3k NOK → -137.8k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET DINGSTAD-ERIKSEN AS.

Scorecard

Revenue
465.0k NOK 847.7k NOK
+82.3%
Operating result
-28.8k NOK -40.4k NOK
-40.2%
Net result
-28.8k NOK -37.5k NOK
-30.2%
Equity
-100.3k NOK -137.8k NOK
-37.4%
Cash
41.4k NOK 42.2k NOK
+1.7%
Total assets
133.1k NOK 93.9k NOK
-29.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 465.0k NOK to 847.7k NOK (+82.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -28.8k NOK → -40.4k NOK (op. margin -6.2% → -4.8%). Calculated

  • ↓

    Net result weakened

    Net result -28.8k NOK → -37.5k NOK (net margin -6.2% → -4.4%). Calculated

  • ↓

    Equity eroded

    Book equity -100.3k NOK → -137.8k NOK (equity ratio -75.3% → -146.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -146.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 2 NOK → 2.71m NOK (0% → 320% of revenue). Calculated