FirmaIQ
Org.nr 889 032 782 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET NAVJORD AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-04-29; registry 2022-05-02; journal 2022 245253

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET NAVJORD AS. Revenue 2.27m NOK → 2.30m NOK (+1.6%). Net result +165.5k NOK → +90.5k NOK. Equity 744.6k NOK → 745.1k NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
2.27m NOK 2.30m NOK
+1.6%
Operating result
+263.4k NOK +173.5k NOK
-34.1%
Net result
+165.5k NOK +90.5k NOK
-45.3%
Equity
744.6k NOK 745.1k NOK
+0.1%
Cash
79.2k NOK 240.4k NOK
+203.7%
Total assets
2.39m NOK 2.22m NOK
-7.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.27m NOK to 2.30m NOK (+1.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 79.2k NOK → 240.4k NOK (+203.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.21× → 2.48×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +263.4k NOK → +173.5k NOK (op. margin 11.6% → 7.5%). Calculated

  • ↓

    Net result weakened

    Net result +165.5k NOK → +90.5k NOK (net margin 7.3% → 3.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.38m NOK → 1.41m NOK (61% → 61% of revenue). Calculated