FirmaIQ
Org.nr 922 724 709 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET MEJDELL JAKOBSEN AS: årsregnskap 2021 vs 2020

Shrank 9% on revenue, weaker earnings, cash halved-plus

approved 2022-04-28; registry 2022-05-02; journal 2022 239385

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET MEJDELL JAKOBSEN AS. Revenue 5.25m NOK → 4.80m NOK (-8.6%). Net result +715.3k NOK → +285.9k NOK. Equity 1.35m NOK → 8.83m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
5.25m NOK 4.80m NOK
-8.6%
Operating result
+934.2k NOK +401.3k NOK
-57.0%
Net result
+715.3k NOK +285.9k NOK
-60.0%
Equity
1.35m NOK 8.83m NOK
+556.4%
Cash
895.0k NOK 247.3k NOK
-72.4%
Total assets
2.87m NOK 2.74m NOK
-4.8%

What improved

  • ↑

    Equity strengthened

    Book equity 1.35m NOK → 8.83m NOK (equity ratio 46.8% → 322.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.25m NOK to 4.80m NOK (-8.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +934.2k NOK → +401.3k NOK (op. margin 17.8% → 8.4%). Calculated

  • ↓

    Net result weakened

    Net result +715.3k NOK → +285.9k NOK (net margin 13.6% → 6.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 895.0k NOK → 247.3k NOK (-72.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.15m NOK → 3.19m NOK (60% → 66% of revenue). Calculated