FirmaIQ
Org.nr 970 920 420 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET HVATTUM AS: årsregnskap 2021 vs 2020

Shrank 22% on revenue

approved 2022-04-04; registry 2022-04-21; journal 2022 199675

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET HVATTUM AS. Revenue 909.4k NOK → 707.8k NOK (-22.2%). Net result +149.2k NOK → +166.7k NOK. Equity 998.8k NOK → 1.17m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
909.4k NOK 707.8k NOK
-22.2%
Operating result
+189.6k NOK +21.4k NOK
-88.7%
Net result
+149.2k NOK +166.7k NOK
+11.7%
Equity
998.8k NOK 1.17m NOK
+16.7%
Cash
163.4k NOK 186.0k NOK
+13.8%
Total assets
1.30m NOK 1.36m NOK
+4.6%

What improved

  • ↑

    Net result improved

    Net result +149.2k NOK → +166.7k NOK (net margin 16.4% → 23.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 998.8k NOK → 1.17m NOK (equity ratio 76.7% → 85.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 163.4k NOK → 186.0k NOK (+13.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 325.4k NOK → 284.6k NOK (36% → 40% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 909.4k NOK to 707.8k NOK (-22.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +189.6k NOK → +21.4k NOK (op. margin 20.9% → 3.0%). Calculated