FirmaIQ
Org.nr 998 450 039 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET UNNELAND AS: årsregnskap 2021 vs 2020

Shrank 20% on revenue, weaker earnings

approved 2022-02-25; registry 2022-03-05; journal 2022 133008

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET UNNELAND AS. Revenue 10.43m NOK → 8.38m NOK (-19.7%). Net result +911.3k NOK → +359.8k NOK. Equity 22.25m NOK → 2.32m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET UNNELAND AS.

At a glance

Scorecard

Revenue
10.43m NOK 8.38m NOK
-19.7%
Operating result
+1.27m NOK +387.1k NOK
-69.6%
Net result
+911.3k NOK +359.8k NOK
-60.5%
Equity
22.25m NOK 2.32m NOK
-89.6%
Cash
17.43m NOK 16.57m NOK
-4.9%
Total assets
24.42m NOK 19.35m NOK
-20.8%

What improved

  • ↑

    Payroll decreased

    Salary cost 6.03m NOK → 5.42m NOK (58% → 65% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.43m NOK to 8.38m NOK (-19.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.27m NOK → +387.1k NOK (op. margin 12.2% → 4.6%). Calculated

  • ↓

    Net result weakened

    Net result +911.3k NOK → +359.8k NOK (net margin 8.7% → 4.3%). Calculated

  • ↓

    Equity eroded

    Book equity 22.25m NOK → 2.32m NOK (equity ratio 91.1% → 12.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 17.43m NOK → 16.57m NOK (-4.9% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 61.0k NOK — check capital reduction, conversion, or reclassification. Interpretation