Org.nr 920 271 669 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET GLOMDAL JURIDISKE AS: årsregnskap 2021 vs 2020

Shrank 21% on revenue, weaker earnings

approved 2022-04-08; registry 2022-04-21; journal 2022 203511

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET GLOMDAL JURIDISKE AS. Revenue 2.43m NOK → 1.93m NOK (-20.6%). Net result +547.5k NOK → +299.2k NOK. Equity 732.9k NOK → 632.2k NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET GLOMDAL JURIDISKE AS.

Scorecard

Revenue
2.43m NOK 1.93m NOK
-20.6%
Operating result
+706.1k NOK +386.1k NOK
-45.3%
Net result
+547.5k NOK +299.2k NOK
-45.3%
Equity
732.9k NOK 632.2k NOK
-13.7%
Cash
744.2k NOK 506.0k NOK
-32.0%
Total assets
1.75m NOK 1.25m NOK
-28.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.43m NOK to 1.93m NOK (-20.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +706.1k NOK → +386.1k NOK (op. margin 29.0% → 20.0%). Calculated

  • ↓

    Net result weakened

    Net result +547.5k NOK → +299.2k NOK (net margin 22.5% → 15.5%). Calculated

  • ↓

    Equity eroded

    Book equity 732.9k NOK → 632.2k NOK (equity ratio 41.9% → 50.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 744.2k NOK → 506.0k NOK (-32.0% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 1. Reported fact