FirmaIQ
Org.nr 996 918 122 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET SCHJØDT AS: årsregnskap 2021 vs 2020

Grew 104128271% on revenue, weaker earnings

approved 2022-04-07; registry 2022-04-21; journal 2022 207725

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET SCHJØDT AS. Revenue 319 NOK → 332.17m NOK (+104128270.8%). Net result +855.00m NOK → +164.73m NOK. Equity 18.64m NOK → 11.82m NOK.

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

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET SCHJØDT AS.

At a glance

Scorecard

Revenue
319 NOK 332.17m NOK
+104128270.8%
Operating result
+176 NOK +177.78m NOK
+101011230.1%
Net result
+855.00m NOK +164.73m NOK
-80.7%
Equity
18.64m NOK 11.82m NOK
-36.6%
Cash
50.43m NOK 87.76m NOK
+74.0%
Total assets
232.92m NOK 359.60m NOK
+54.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 319 NOK to 332.17m NOK (+104128270.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +176 NOK → +177.78m NOK (op. margin 55.2% → 53.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 50.43m NOK → 87.76m NOK (+74.0% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +855.00m NOK → +164.73m NOK (net margin 268025548.0% → 49.6%). Calculated

  • ↓

    Equity eroded

    Book equity 18.64m NOK → 11.82m NOK (equity ratio 8.0% → 3.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 15 NOK → 15.11bn NOK (5% → 4550% of revenue). Calculated