FirmaIQ
Org.nr 988 375 616 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET STANGELAND AS: årsregnskap 2021 vs 2020

Shrank 17% on revenue, weaker earnings

approved 2022-04-27; registry 2022-05-02; journal 2022 242071

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET STANGELAND AS. Revenue 1.10m NOK → 911.2k NOK (-16.9%). Net result -61.3k NOK → -283.0k NOK. Equity 1.42m NOK → 1.20m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.10m NOK 911.2k NOK
-16.9%
Operating result
-79.5k NOK -367.6k NOK
-362.2%
Net result
-61.3k NOK -283.0k NOK
-361.4%
Equity
1.42m NOK 1.20m NOK
-15.4%
Cash
1.11m NOK 1.01m NOK
-8.9%
Total assets
1.58m NOK 1.40m NOK
-11.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.10m NOK to 911.2k NOK (-16.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -79.5k NOK → -367.6k NOK (op. margin -7.2% → -40.3%). Calculated

  • ↓

    Net result weakened

    Net result -61.3k NOK → -283.0k NOK (net margin -5.6% → -31.1%). Calculated

  • ↓

    Equity eroded

    Book equity 1.42m NOK → 1.20m NOK (equity ratio 89.8% → 85.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.11m NOK → 1.01m NOK (-8.9% YoY). Calculated