Org.nr 997 015 487 2020 → 2021 Year-over-year analysis

ADVOKATHUSET KRISTIANSUND AS: årsregnskap 2021 vs 2020

Shrank 9% on revenue, weaker earnings

approved 2022-02-20; registry 2022-05-25; journal 2022 341694

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATHUSET KRISTIANSUND AS. Revenue 1.33m NOK → 1.21m NOK (-9.0%). Net result +108.4k NOK → +3 272 NOK. Equity 396.8k NOK → 400.0k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
1.33m NOK 1.21m NOK
-9.0%
Operating result
+110.8k NOK +6 634 NOK
-94.0%
Net result
+108.4k NOK +3 272 NOK
-97.0%
Equity
396.8k NOK 400.0k NOK
+0.8%
Cash
65.9k NOK 104.0k NOK
+57.8%
Total assets
558.8k NOK 589.0k NOK
+5.4%

What improved

  • ↑

    Equity strengthened

    Book equity 396.8k NOK → 400.0k NOK (equity ratio 71.0% → 67.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 65.9k NOK → 104.0k NOK (+57.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.33m NOK to 1.21m NOK (-9.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +110.8k NOK → +6 634 NOK (op. margin 8.3% → 0.5%). Calculated

  • ↓

    Net result weakened

    Net result +108.4k NOK → +3 272 NOK (net margin 8.1% → 0.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.01× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 529.8k NOK → 613.5k NOK (40% → 51% of revenue). Calculated