Org.nr 996 180 646 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET JARNANG AS: årsregnskap 2021 vs 2020

Shrank 96% on revenue, weaker earnings

approved 2022-04-29; registry 2022-05-03; journal 2022 249803

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET JARNANG AS. Revenue 948.1k NOK → 35.3k NOK (-96.3%). Net result +391.3k NOK → +55.9k NOK. Equity 779.2k NOK → 835.1k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
948.1k NOK 35.3k NOK
-96.3%
Operating result
+501.6k NOK +79.6k NOK
-84.1%
Net result
+391.3k NOK +55.9k NOK
-85.7%
Equity
779.2k NOK 835.1k NOK
+7.2%
Cash
390.0k NOK 301.4k NOK
-22.7%
Total assets
225.1k NOK 1.35m NOK
+499.1%

What improved

  • ↑

    Equity strengthened

    Book equity 779.2k NOK → 835.1k NOK (equity ratio 346.1% → 61.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 948.1k NOK to 35.3k NOK (-96.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +501.6k NOK → +79.6k NOK (op. margin 52.9% → 225.2%). Calculated

  • ↓

    Net result weakened

    Net result +391.3k NOK → +55.9k NOK (net margin 41.3% → 158.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 390.0k NOK → 301.4k NOK (-22.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5 327 NOK → 2.52m NOK (1% → 7128% of revenue). Calculated