Org.nr 921 146 426 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET GJESDAHL AS: årsregnskap 2021 vs 2020

Shrank 50% on revenue, slipped into loss

approved 2022-04-25; registry 2022-05-02; journal 2022 245167

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET GJESDAHL AS. Revenue 1.48m NOK → 744.4k NOK (-49.9%). Net result +230.8k NOK → -419.6k NOK. Equity 1.77m NOK → 1.35m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
1.48m NOK 744.4k NOK
-49.9%
Operating result
+297.8k NOK -480.1k NOK
-261.2%
Net result
+230.8k NOK -419.6k NOK
-281.8%
Equity
1.77m NOK 1.35m NOK
-23.7%
Cash
989.1k NOK 655.8k NOK
-33.7%
Total assets
2.00m NOK 1.59m NOK
-20.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 715.5k NOK → 666.8k NOK (48% → 90% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.48m NOK to 744.4k NOK (-49.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +297.8k NOK → -480.1k NOK (op. margin 20.1% → -64.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 230.8k NOK profit to a loss of 419.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.77m NOK → 1.35m NOK (equity ratio 88.4% → 84.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 989.1k NOK → 655.8k NOK (-33.7% YoY). Calculated