Org.nr 992 564 342 2020 → 2021 Year-over-year analysis

ADVOKATHUSET BREIVIK AS: årsregnskap 2021 vs 2020

Shrank 7% on revenue, returned to profit

approved 2022-04-07; registry 2022-04-21; journal 2022 200185

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATHUSET BREIVIK AS. Revenue 2.61m NOK → 2.41m NOK (-7.4%). Net result -381.0k NOK → +55.4k NOK. Equity 234.3k NOK → 289.7k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
2.61m NOK 2.41m NOK
-7.4%
Operating result
-487.4k NOK +72.2k NOK
+114.8%
Net result
-381.0k NOK +55.4k NOK
+114.5%
Equity
234.3k NOK 289.7k NOK
+23.6%
Cash
348.7k NOK 299.6k NOK
-14.1%
Total assets
800.3k NOK 822.8k NOK
+2.8%

What improved

  • ↑

    Operating result improved

    Operating result -487.4k NOK → +72.2k NOK (op. margin -18.7% → 3.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 381.0k NOK to a profit of 55.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 234.3k NOK → 289.7k NOK (equity ratio 29.3% → 35.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.67m NOK → 1.94m NOK (103% → 80% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.61m NOK to 2.41m NOK (-7.4% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 348.7k NOK → 299.6k NOK (-14.1% YoY). Calculated