FirmaIQ
Org.nr 998 736 145 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET REITEVOLD AS: årsregnskap 2021 vs 2020

Shrank 7% on revenue

approved 2022-03-02; registry 2022-03-05; journal 2022 133192

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET REITEVOLD AS. Revenue 791.1k NOK → 737.9k NOK (-6.7%). Net result +13.2k NOK → +13.6k NOK. Equity 12.19m NOK → 13.21m NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
791.1k NOK 737.9k NOK
-6.7%
Operating result
+13.7k NOK +16.0k NOK
+16.6%
Net result
+13.2k NOK +13.6k NOK
+3.0%
Equity
12.19m NOK 13.21m NOK
+8.3%
Cash
600.8k NOK 431.7k NOK
-28.1%
Total assets
760.4k NOK 561.4k NOK
-26.2%

What improved

  • ↑

    Operating result improved

    Operating result +13.7k NOK → +16.0k NOK (op. margin 1.7% → 2.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 12.19m NOK → 13.21m NOK (equity ratio 1603.4% → 2352.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 791.1k NOK to 737.9k NOK (-6.7% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 600.8k NOK → 431.7k NOK (-28.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 579.5k NOK → 2.52m NOK (73% → 342% of revenue). Calculated