FirmaIQ
Org.nr 971 510 684 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET PEDERSEN, REIER & CO AS: årsregnskap 2021 vs 2020

Shrank 12% on revenue

approved 2022-04-20; registry 2022-04-25; journal 2022 220372

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET PEDERSEN, REIER & CO AS. Revenue 10.40m NOK → 9.14m NOK (-12.1%). Net result +566.1k NOK → +610.7k NOK. Equity 1.96m NOK → 1.82m NOK.

On the constructive side: net result improved; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
10.40m NOK 9.14m NOK
-12.1%
Operating result
+2.01m NOK +780.3k NOK
-61.1%
Net result
+566.1k NOK +610.7k NOK
+7.9%
Equity
1.96m NOK 1.82m NOK
-7.1%
Cash
3.74m NOK 2.97m NOK
-20.5%
Total assets
6.40m NOK 4.73m NOK
-26.1%

What improved

  • ↑

    Net result improved

    Net result +566.1k NOK → +610.7k NOK (net margin 5.4% → 6.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.17m NOK → 6.15m NOK (59% → 67% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.40m NOK to 9.14m NOK (-12.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.01m NOK → +780.3k NOK (op. margin 19.3% → 8.5%). Calculated

  • ↓

    Equity eroded

    Book equity 1.96m NOK → 1.82m NOK (equity ratio 30.6% → 38.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.74m NOK → 2.97m NOK (-20.5% YoY). Calculated