FirmaIQ
Org.nr 991 237 003 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET SLOTTERØY AS: årsregnskap 2021 vs 2020

Grew 30% on revenue, weaker earnings

approved 2022-04-28; registry 2022-05-02; journal 2022 243709

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET SLOTTERØY AS. Revenue 1.78m NOK → 2.33m NOK (+30.4%). Net result +878.0k NOK → +369.0k NOK. Equity 3.53m NOK → 3.37m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.78m NOK 2.33m NOK
+30.4%
Operating result
+562.7k NOK +912.3k NOK
+62.1%
Net result
+878.0k NOK +369.0k NOK
-58.0%
Equity
3.53m NOK 3.37m NOK
-4.6%
Cash
932.4k NOK 697.9k NOK
-25.1%
Total assets
6.40m NOK 6.51m NOK
+1.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.78m NOK to 2.33m NOK (+30.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +562.7k NOK → +912.3k NOK (op. margin 31.6% → 39.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 816.9k NOK → 2 NOK (46% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +878.0k NOK → +369.0k NOK (net margin 49.2% → 15.9%). Calculated

  • ↓

    Equity eroded

    Book equity 3.53m NOK → 3.37m NOK (equity ratio 55.2% → 51.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 932.4k NOK → 697.9k NOK (-25.1% YoY). Calculated