FirmaIQ
Org.nr 820 259 122 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET RUSTAD OG BORG AS: årsregnskap 2021 vs 2020

Shrank 10% on revenue, stronger earnings

approved 2022-04-29; registry 2022-05-02; journal 2022 246469

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET RUSTAD OG BORG AS. Revenue 5.19m NOK → 4.69m NOK (-9.7%). Net result +6 466 NOK → +67.6k NOK. Equity 766.4k NOK → 834.0k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
5.19m NOK 4.69m NOK
-9.7%
Operating result
+593.3k NOK +84.8k NOK
-85.7%
Net result
+6 466 NOK +67.6k NOK
+946.1%
Equity
766.4k NOK 834.0k NOK
+8.8%
Cash
2.20m NOK 1.73m NOK
-21.6%
Total assets
4.19m NOK 3.60m NOK
-14.2%

What improved

  • ↑

    Net result improved

    Net result +6 466 NOK → +67.6k NOK (net margin 0.1% → 1.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 766.4k NOK → 834.0k NOK (equity ratio 18.3% → 23.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.19m NOK to 4.69m NOK (-9.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +593.3k NOK → +84.8k NOK (op. margin 11.4% → 1.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.20m NOK → 1.73m NOK (-21.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.81m NOK → 3.83m NOK (73% → 82% of revenue). Calculated