FirmaIQ
Org.nr 993 496 669 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET HVIDSTEN AS: årsregnskap 2021 vs 2020

Shrank 99% on revenue, stronger earnings

approved 2022-04-27; registry 2022-05-19; journal 2022 307273

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET HVIDSTEN AS. Revenue 1.82m NOK → 19.5k NOK (-98.9%). Net result +138.6k NOK → +340.6k NOK. Equity 1.74m NOK → 1.98m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET HVIDSTEN AS.

At a glance

Scorecard

Revenue
1.82m NOK 19.5k NOK
-98.9%
Operating result
+181.3k NOK +446.6k NOK
+146.4%
Net result
+138.6k NOK +340.6k NOK
+145.7%
Equity
1.74m NOK 1.98m NOK
+13.9%
Cash
388.6k NOK 1.28m NOK
+228.8%
Total assets
2.23m NOK 2.38m NOK
+6.7%

What improved

  • ↑

    Operating result improved

    Operating result +181.3k NOK → +446.6k NOK (op. margin 10.0% → 2288.7%). Calculated

  • ↑

    Net result improved

    Net result +138.6k NOK → +340.6k NOK (net margin 7.6% → 1745.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.74m NOK → 1.98m NOK (equity ratio 77.9% → 83.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 388.6k NOK → 1.28m NOK (+228.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.82m NOK to 19.5k NOK (-98.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 414.8k NOK → 644.8k NOK. Reported fact