Org.nr 922 601 887 2020 → 2021 Year-over-year analysis

ADVOKATFORUM OSLO AS: årsregnskap 2021 vs 2020

Grew 162% on revenue, slipped into loss

approved 2022-06-23; registry 2022-06-27; journal 2022 521074

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFORUM OSLO AS. Revenue 487.5k NOK → 1.28m NOK (+161.9%). Net result +82.4k NOK → -136.7k NOK. Equity 236.0k NOK → 99.3k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
487.5k NOK 1.28m NOK
+161.9%
Operating result
+106.6k NOK -136.7k NOK
-228.2%
Net result
+82.4k NOK -136.7k NOK
-266.0%
Equity
236.0k NOK 99.3k NOK
-57.9%
Cash
265.6k NOK 177.0k NOK
-33.4%
Total assets
484.5k NOK 209.4k NOK
-56.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 487.5k NOK to 1.28m NOK (+161.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.20m NOK → 187.5k NOK (657% → 15% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +106.6k NOK → -136.7k NOK (op. margin 21.9% → -10.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 82.4k NOK profit to a loss of 136.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 236.0k NOK → 99.3k NOK (equity ratio 48.7% → 47.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 265.6k NOK → 177.0k NOK (-33.4% YoY). Calculated