FirmaIQ
Org.nr 920 234 798 2020 → 2021 Year-over-year analysis

ADVOKATKONTORET NORDENFJELDSKE AS: årsregnskap 2021 vs 2020

Shrank 25% on revenue, stronger earnings

approved 2022-04-30; registry 2022-07-16; journal 2022 649660

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATKONTORET NORDENFJELDSKE AS. Revenue 2.02m NOK → 1.51m NOK (-25.2%). Net result +3 472 NOK → +23.7k NOK. Equity 51.8k NOK → 75.6k NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATKONTORET NORDENFJELDSKE AS.

At a glance

Scorecard

Revenue
2.02m NOK 1.51m NOK
-25.2%
Operating result
+29.5k NOK +36.8k NOK
+24.6%
Net result
+3 472 NOK +23.7k NOK
+583.9%
Equity
51.8k NOK 75.6k NOK
+45.8%
Cash
94.0k NOK 56.3k NOK
-40.1%
Total assets
290.4k NOK 276.2k NOK
-4.9%

What improved

  • ↑

    Operating result improved

    Operating result +29.5k NOK → +36.8k NOK (op. margin 1.5% → 2.4%). Calculated

  • ↑

    Net result improved

    Net result +3 472 NOK → +23.7k NOK (net margin 0.2% → 1.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 51.8k NOK → 75.6k NOK (equity ratio 17.9% → 27.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.81m NOK → 547.0k NOK (90% → 36% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.02m NOK to 1.51m NOK (-25.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 94.0k NOK → 56.3k NOK (-40.1% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 1.5. Reported fact