FirmaIQ
Org.nr 916 797 524 2020 → 2021 Year-over-year analysis

ADVOKATHUSET VELAND OG THINGVOLD AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-04-07; registry 2022-04-25; journal 2022 222028

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATHUSET VELAND OG THINGVOLD AS. Revenue 5.33m NOK → 5.16m NOK (-3.3%). Net result +50.6k NOK → +354.5k NOK. Equity 1.12m NOK → 970.7k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
5.33m NOK 5.16m NOK
-3.3%
Operating result
+50.5k NOK +445.3k NOK
+781.0%
Net result
+50.6k NOK +354.5k NOK
+600.6%
Equity
1.12m NOK 970.7k NOK
-13.0%
Cash
411.6k NOK 923.2k NOK
+124.3%
Total assets
2.63m NOK 2.16m NOK
-17.8%

What improved

  • ↑

    Operating result improved

    Operating result +50.5k NOK → +445.3k NOK (op. margin 0.9% → 8.6%). Calculated

  • ↑

    Net result improved

    Net result +50.6k NOK → +354.5k NOK (net margin 0.9% → 6.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 411.6k NOK → 923.2k NOK (+124.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.78m NOK → 2.87m NOK (71% → 56% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.33m NOK to 5.16m NOK (-3.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.12m NOK → 970.7k NOK (equity ratio 42.4% → 44.9%). Calculated