Org.nr 918 529 349 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET JURISTHUSET AS: årsregnskap 2021 vs 2020

Grew 21% on revenue, slipped into loss, cash halved-plus

approved 2022-06-28; registry 2022-06-30; journal 2022 559442

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET JURISTHUSET AS. Revenue 629.6k NOK → 761.7k NOK (+21.0%). Net result +192.5k NOK → -110.6k NOK. Equity 319.2k NOK → 208.6k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET JURISTHUSET AS.

Scorecard

Revenue
629.6k NOK 761.7k NOK
+21.0%
Operating result
+248.9k NOK -111.8k NOK
-144.9%
Net result
+192.5k NOK -110.6k NOK
-157.4%
Equity
319.2k NOK 208.6k NOK
-34.6%
Cash
152.1k NOK 70.7k NOK
-53.5%
Total assets
687.1k NOK 757.1k NOK
+10.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 629.6k NOK to 761.7k NOK (+21.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +248.9k NOK → -111.8k NOK (op. margin 39.5% → -14.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 192.5k NOK profit to a loss of 110.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 319.2k NOK → 208.6k NOK (equity ratio 46.5% → 27.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 152.1k NOK → 70.7k NOK (-53.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4 NOK → 4.55m NOK (0% → 598% of revenue). Calculated