Org.nr 818 120 842 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET SIRI K. KARLSEN AS: årsregnskap 2021 vs 2020

Shrank 20% on revenue, weaker earnings

approved 2022-04-19; registry 2022-05-02; journal 2022 241393

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET SIRI K. KARLSEN AS. Revenue 2.67m NOK → 2.13m NOK (-20.1%). Net result +54.4k NOK → +12.6k NOK. Equity 12.7k NOK → 749.6k NOK.

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

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SIRI K. KARLSEN AS.

Scorecard

Revenue
2.67m NOK 2.13m NOK
-20.1%
Operating result
+54.4k NOK +10.6k NOK
-80.5%
Net result
+54.4k NOK +12.6k NOK
-76.8%
Equity
12.7k NOK 749.6k NOK
+5785.3%
Cash
477.6k NOK 518.7k NOK
+8.6%
Total assets
1.12m NOK 1.11m NOK
-1.4%

What improved

  • ↑

    Equity strengthened

    Book equity 12.7k NOK → 749.6k NOK (equity ratio 1.1% → 67.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 477.6k NOK → 518.7k NOK (+8.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.67m NOK to 2.13m NOK (-20.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +54.4k NOK → +10.6k NOK (op. margin 2.0% → 0.5%). Calculated

  • ↓

    Net result weakened

    Net result +54.4k NOK → +12.6k NOK (net margin 2.0% → 0.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 646.0k NOK → 154.7k NOK (-76.1% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 1. Reported fact