Org.nr 992 951 605 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET T-HOX AS: årsregnskap 2021 vs 2020

Shrank 14% on revenue, stronger earnings

approved 2022-04-28; registry 2022-06-28; journal 2022 523456

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET T-HOX AS. Revenue 650.5k NOK → 558.8k NOK (-14.1%). Net result +169.0k NOK → +4.87m NOK. Equity 3.55m NOK → 4.97m NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
650.5k NOK 558.8k NOK
-14.1%
Operating result
+188.5k NOK -67.8k NOK
-136.0%
Net result
+169.0k NOK +4.87m NOK
+2780.6%
Equity
3.55m NOK 4.97m NOK
+39.9%
Cash
5.39m NOK 5.10m NOK
-5.4%
Total assets
6.04m NOK n/m
—

What improved

  • ↑

    Net result improved

    Net result +169.0k NOK → +4.87m NOK (net margin 26.0% → 871.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.55m NOK → 4.97m NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 650.5k NOK to 558.8k NOK (-14.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +188.5k NOK → -67.8k NOK (op. margin 29.0% → -12.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.39m NOK → 5.10m NOK (-5.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 350.1k NOK → 479.9k NOK (54% → 86% of revenue). Calculated