Org.nr 866 230 552 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET KLOMSÆT & CO AS: årsregnskap 2021 vs 2020

Grew 7% on revenue, stronger earnings

approved 2022-03-12; registry 2022-03-21; journal 2022 157231

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET KLOMSÆT & CO AS. Revenue 4.88m NOK → 5.21m NOK (+6.9%). Net result +299.7k NOK → +968.0k NOK. Equity 1.14m NOK → 494.4k NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.

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

Scorecard

Revenue
4.88m NOK 5.21m NOK
+6.9%
Operating result
+389.1k NOK +232.7k NOK
-40.2%
Net result
+299.7k NOK +968.0k NOK
+223.0%
Equity
1.14m NOK 494.4k NOK
-56.6%
Cash
344.6k NOK 632.2k NOK
+83.5%
Total assets
1.94m NOK 1.71m NOK
-12.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.88m NOK to 5.21m NOK (+6.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +299.7k NOK → +968.0k NOK (net margin 6.1% → 18.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 344.6k NOK → 632.2k NOK (+83.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.40m NOK → 1.15m NOK (29% → 22% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +389.1k NOK → +232.7k NOK (op. margin 8.0% → 4.5%). Calculated

  • ↓

    Equity eroded

    Book equity 1.14m NOK → 494.4k NOK (equity ratio 58.8% → 29.0%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 20.0k NOK → 30.0k NOK. Reported fact