Org.nr 966 370 505 2020 → 2021 Year-over-year analysis

ADVOKATKOLLEGIET KINDEM & CO AS: årsregnskap 2021 vs 2020

Slipped into loss

approved 2022-04-06; registry 2022-05-03; journal 2022 200753

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATKOLLEGIET KINDEM & CO AS. Revenue 4.63m NOK → 4.53m NOK (-2.0%). Net result +107.5k NOK → -135.1k NOK. Equity 1.38m NOK → 1.25m NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
4.63m NOK 4.53m NOK
-2.0%
Operating result
+134.1k NOK -174.2k NOK
-229.9%
Net result
+107.5k NOK -135.1k NOK
-225.7%
Equity
1.38m NOK 1.25m NOK
-9.8%
Cash
1.17m NOK 998.6k NOK
-14.6%
Total assets
1.71m NOK 1.46m NOK
-14.5%

What improved

  • ↑

    Payroll decreased

    Salary cost 664.9k NOK → 648.0k NOK (14% → 14% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.63m NOK to 4.53m NOK (-2.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +134.1k NOK → -174.2k NOK (op. margin 2.9% → -3.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 107.5k NOK profit to a loss of 135.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.38m NOK → 1.25m NOK (equity ratio 80.8% → 85.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.17m NOK → 998.6k NOK (-14.6% YoY). Calculated