FirmaIQ
Org.nr 985 223 122 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET JOHNSRUD & CO AS: årsregnskap 2021 vs 2020

Shrank 6% on revenue, weaker earnings

approved 2022-04-29; registry 2022-05-03; journal 2022 248791

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET JOHNSRUD & CO AS. Revenue 16.21m NOK → 15.25m NOK (-6.0%). Net result +10.67m NOK → +918.2k NOK. Equity 3.12m NOK → 2.00m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
16.21m NOK 15.25m NOK
-6.0%
Operating result
+874.9k NOK +197.4k NOK
-77.4%
Net result
+10.67m NOK +918.2k NOK
-91.4%
Equity
3.12m NOK 2.00m NOK
-35.9%
Cash
1.58m NOK 991.5k NOK
-37.2%
Total assets
9.30m NOK 8.96m NOK
-3.7%

What improved

  • ↑

    Payroll decreased

    Salary cost 11.82m NOK → 10.61m NOK (73% → 70% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 16.21m NOK to 15.25m NOK (-6.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +874.9k NOK → +197.4k NOK (op. margin 5.4% → 1.3%). Calculated

  • ↓

    Net result weakened

    Net result +10.67m NOK → +918.2k NOK (net margin 65.8% → 6.0%). Calculated

  • ↓

    Equity eroded

    Book equity 3.12m NOK → 2.00m NOK (equity ratio 33.6% → 22.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.58m NOK → 991.5k NOK (-37.2% YoY). Calculated