Org.nr 922 668 760 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET JULNES AS: årsregnskap 2021 vs 2020

Grew 978% on revenue, weaker earnings

approved 2022-04-26; registry 2022-04-28; journal 2022 234276

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET JULNES AS. Revenue 75.1k NOK → 809.4k NOK (+977.9%). Net result +61.5k NOK → +12.6k NOK. Equity 152.3k NOK → 164.9k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
75.1k NOK 809.4k NOK
+977.9%
Operating result
+80.7k NOK +15.9k NOK
-80.3%
Net result
+61.5k NOK +12.6k NOK
-79.6%
Equity
152.3k NOK 164.9k NOK
+8.2%
Cash
78.3k NOK 57.5k NOK
-26.5%
Total assets
421.5k NOK 286.4k NOK
-32.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 75.1k NOK to 809.4k NOK (+977.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 152.3k NOK → 164.9k NOK (equity ratio 36.1% → 57.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 499.0k NOK → 397.6k NOK (665% → 49% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +80.7k NOK → +15.9k NOK (op. margin 107.4% → 2.0%). Calculated

  • ↓

    Net result weakened

    Net result +61.5k NOK → +12.6k NOK (net margin 82.0% → 1.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 78.3k NOK → 57.5k NOK (-26.5% YoY). Calculated