Org.nr 996 440 869 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET RØSEID, TØNSBERG & KARLSTAD AS: årsregnskap 2021 vs 2020

Stronger earnings, cash halved-plus

approved 2022-04-22; registry 2022-04-25; journal 2022 223018

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET RØSEID, TØNSBERG & KARLSTAD AS. Revenue 12.86m NOK → 12.95m NOK (+0.8%). Net result +151.1k NOK → +2.22m NOK. Equity 682.2k NOK → 433.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET RØSEID, TØNSBERG & KARLSTAD AS.

Scorecard

Revenue
12.86m NOK 12.95m NOK
+0.8%
Operating result
+519.1k NOK +2.90m NOK
+459.2%
Net result
+151.1k NOK +2.22m NOK
+1369.7%
Equity
682.2k NOK 433.7k NOK
-36.4%
Cash
2.15m NOK 1.02m NOK
-52.7%
Total assets
5.47m NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.86m NOK to 12.95m NOK (+0.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +519.1k NOK → +2.90m NOK (op. margin 4.0% → 22.4%). Calculated

  • ↑

    Net result improved

    Net result +151.1k NOK → +2.22m NOK (net margin 1.2% → 17.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 8.48m NOK → 6.88m NOK (66% → 53% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 682.2k NOK → 433.7k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 2.15m NOK → 1.02m NOK (-52.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 21.8k NOK → 800 NOK. Reported fact