FirmaIQ
Org.nr 954 975 290 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET OSCAR IHLEBÆK AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-04-30; registry 2022-05-04; journal 2022 256158

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET OSCAR IHLEBÆK AS. Revenue 10.90m NOK → 10.42m NOK (-4.4%). Net result +2.48m NOK → +1.73m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
10.90m NOK 10.42m NOK
-4.4%
Operating result
+2.91m NOK +2.12m NOK
-27.2%
Net result
+2.48m NOK +1.73m NOK
-30.2%
Equity
n/m 27.78m NOK
—
Cash
22.89m NOK 15.13m NOK
-33.9%
Total assets
30.58m NOK 31.66m NOK
+3.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.90m NOK to 10.42m NOK (-4.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.91m NOK → +2.12m NOK (op. margin 26.7% → 20.3%). Calculated

  • ↓

    Net result weakened

    Net result +2.48m NOK → +1.73m NOK (net margin 22.7% → 16.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 22.89m NOK → 15.13m NOK (-33.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5.87m NOK → 6.13m NOK (54% → 59% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.56m NOK → 3.78m NOK. Reported fact