FirmaIQ
Org.nr 984 071 329 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET RØED AS: årsregnskap 2021 vs 2020

Shrank 10% on revenue, slipped into loss, cash halved-plus

approved 2022-04-29; registry 2022-05-02; journal 2022 245763

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET RØED AS. Revenue 1.49m NOK → 1.34m NOK (-10.0%). Net result +195.6k NOK → -122.2k NOK. Equity 633.5k NOK → 61.3k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.49m NOK 1.34m NOK
-10.0%
Operating result
+196.2k NOK -120.2k NOK
-161.3%
Net result
+195.6k NOK -122.2k NOK
-162.5%
Equity
633.5k NOK 61.3k NOK
-90.3%
Cash
490.5k NOK 171.7k NOK
-65.0%
Total assets
920.9k NOK 403.2k NOK
-56.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.49m NOK to 1.34m NOK (-10.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +196.2k NOK → -120.2k NOK (op. margin 13.2% → -9.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 195.6k NOK profit to a loss of 122.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 633.5k NOK → 61.3k NOK (equity ratio 68.8% → 15.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 490.5k NOK → 171.7k NOK (-65.0% YoY). Calculated