Org.nr 925 554 383 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET TJENTLAND AS: årsregnskap 2021 vs 2020

Grew 89337% on revenue, slipped into loss

approved 2022-04-06; registry 2022-04-27; journal 2022 225891

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET TJENTLAND AS. Revenue 2 317 NOK → 2.07m NOK (+89336.8%). Net result +142.8k NOK → -91.1k NOK. Equity 242.8k NOK → 151.7k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET TJENTLAND AS.

Scorecard

Revenue
2 317 NOK 2.07m NOK
+89336.8%
Operating result
+206.0k NOK -91.7k NOK
-144.5%
Net result
+142.8k NOK -91.1k NOK
-163.8%
Equity
242.8k NOK 151.7k NOK
-37.5%
Cash
258.9k NOK 230.5k NOK
-11.0%
Total assets
856.7k NOK 778.5k NOK
-9.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 317 NOK to 2.07m NOK (+89336.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +206.0k NOK → -91.7k NOK (op. margin 8891.2% → -4.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 142.8k NOK profit to a loss of 91.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 242.8k NOK → 151.7k NOK (equity ratio 28.3% → 19.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 258.9k NOK → 230.5k NOK (-11.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 350 NOK → 1.17m NOK (58% → 56% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 87.9k NOK → 48.9k NOK (-44.3% YoY). Calculated