Org.nr 912 064 735 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET SKRÅNING AS: årsregnskap 2021 vs 2020

Shrank 77% on revenue, weaker earnings, cash halved-plus

approved 2022-04-30; registry 2022-05-21; journal 2022 249695

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET SKRÅNING AS. Revenue 303.0k NOK → 69.1k NOK (-77.2%). Net result -8 079 NOK → -33.5k NOK. Equity 101.5k NOK → 68.1k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
303.0k NOK 69.1k NOK
-77.2%
Operating result
-7 503 NOK -33.4k NOK
-345.7%
Net result
-8 079 NOK -33.5k NOK
-314.1%
Equity
101.5k NOK 68.1k NOK
-32.9%
Cash
20.9k NOK 1 829 NOK
-91.2%
Total assets
219.5k NOK 195.8k NOK
-10.8%

What improved

  • ↑

    Payroll decreased

    Salary cost 264.9k NOK → 50.8k NOK (87% → 74% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 303.0k NOK to 69.1k NOK (-77.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -7 503 NOK → -33.4k NOK (op. margin -2.5% → -48.4%). Calculated

  • ↓

    Net result weakened

    Net result -8 079 NOK → -33.5k NOK (net margin -2.7% → -48.4%). Calculated

  • ↓

    Equity eroded

    Book equity 101.5k NOK → 68.1k NOK (equity ratio 46.3% → 34.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 20.9k NOK → 1 829 NOK (-91.2% YoY). Calculated