Org.nr 923 405 720 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET TRYTI AS: årsregnskap 2021 vs 2020

Grew 1514% on revenue, weaker earnings

approved 2022-02-09; registry 2022-02-21; journal 2022 120815

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET TRYTI AS. Revenue 341.9k NOK → 5.52m NOK (+1513.8%). Net result +1.26m NOK → +888.5k NOK. Equity 101.0k NOK → 101.5k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: net result weakened.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET TRYTI AS.

Scorecard

Revenue
341.9k NOK 5.52m NOK
+1513.8%
Operating result
n/m +1.13m NOK
—
Net result
+1.26m NOK +888.5k NOK
-29.2%
Equity
101.0k NOK 101.5k NOK
+0.5%
Cash
468.6k NOK 927.0k NOK
+97.8%
Total assets
606.3k NOK 2.10m NOK
+247.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 341.9k NOK to 5.52m NOK (+1513.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 468.6k NOK → 927.0k NOK (+97.8% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +1.26m NOK → +888.5k NOK (net margin 367.1% → 16.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 661.8k NOK → 3.09m NOK (194% → 56% of revenue). Calculated