FirmaIQ
Org.nr 995 483 335 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET EUROJURIS HAUGESUND AS: årsregnskap 2021 vs 2020

Shrank 12% on revenue, weaker earnings

approved 2022-04-05; registry 2022-04-09; journal 2022 195176

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET EUROJURIS HAUGESUND AS. Revenue 30.21m NOK → 26.56m NOK (-12.1%). Net result +4.19m NOK → +2.65m NOK. Equity 2.80m NOK → 2.45m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET EUROJURIS HAUGESUND AS.

At a glance

Scorecard

Revenue
30.21m NOK 26.56m NOK
-12.1%
Operating result
+5.28m NOK +3.35m NOK
-36.4%
Net result
+4.19m NOK +2.65m NOK
-36.7%
Equity
2.80m NOK 2.45m NOK
-12.5%
Cash
428.7k NOK 728.2k NOK
+69.8%
Total assets
14.19m NOK 11.40m NOK
-19.7%

What improved

  • ↑

    Cash rose

    Bank deposits 428.7k NOK → 728.2k NOK (+69.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 18.55m NOK → 18.06m NOK (61% → 68% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 30.21m NOK to 26.56m NOK (-12.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5.28m NOK → +3.35m NOK (op. margin 17.5% → 12.6%). Calculated

  • ↓

    Net result weakened

    Net result +4.19m NOK → +2.65m NOK (net margin 13.9% → 10.0%). Calculated

  • ↓

    Equity eroded

    Book equity 2.80m NOK → 2.45m NOK (equity ratio 19.7% → 21.5%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 2.80m NOK → 2.45m NOK — check capital reduction, conversion, or reclassification. Interpretation