Org.nr 924 752 076 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET FUSCHE JENSSEN AS: årsregnskap 2021 vs 2020

Grew 19% on revenue, slipped into loss

approved 2022-02-21; registry 2022-03-05; journal 2022 134268

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET FUSCHE JENSSEN AS. Revenue 823.0k NOK → 976.3k NOK (+18.6%). Net result +405.7k NOK → -29.3k NOK. Equity 455.7k NOK → 426.4k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET FUSCHE JENSSEN AS.

Scorecard

Revenue
823.0k NOK 976.3k NOK
+18.6%
Operating result
+520.0k NOK -30.6k NOK
-105.9%
Net result
+405.7k NOK -29.3k NOK
-107.2%
Equity
455.7k NOK 426.4k NOK
-6.4%
Cash
605.9k NOK 442.7k NOK
-26.9%
Total assets
811.8k NOK 638.7k NOK
-21.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 823.0k NOK to 976.3k NOK (+18.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +520.0k NOK → -30.6k NOK (op. margin 63.2% → -3.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 405.7k NOK profit to a loss of 29.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 455.7k NOK → 426.4k NOK (equity ratio 56.1% → 66.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 605.9k NOK → 442.7k NOK (-26.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 1.65m NOK (0% → 169% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 9 259 NOK → 45.8k NOK (+394.4% YoY). Calculated