FirmaIQ
Org.nr 996 467 511 2020 → 2021 Year-over-year analysis

ADVOKATORIET AS: årsregnskap 2021 vs 2020

Shrank 24% on revenue, weaker earnings

approved 2022-04-26; registry 2022-05-02; journal 2022 242033

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATORIET AS. Revenue 4.46m NOK → 3.38m NOK (-24.3%). Net result +1.37m NOK → +432.1k NOK. Equity 964.1k NOK → 796.2k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATORIET AS.

At a glance

Scorecard

Revenue
4.46m NOK 3.38m NOK
-24.3%
Operating result
+1.75m NOK +558.9k NOK
-68.1%
Net result
+1.37m NOK +432.1k NOK
-68.5%
Equity
964.1k NOK 796.2k NOK
-17.4%
Cash
847.6k NOK 608.2k NOK
-28.2%
Total assets
3.00m NOK 1.32m NOK
-55.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.46m NOK to 3.38m NOK (-24.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.75m NOK → +558.9k NOK (op. margin 39.3% → 16.5%). Calculated

  • ↓

    Net result weakened

    Net result +1.37m NOK → +432.1k NOK (net margin 30.8% → 12.8%). Calculated

  • ↓

    Equity eroded

    Book equity 964.1k NOK → 796.2k NOK (equity ratio 32.1% → 60.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 847.6k NOK → 608.2k NOK (-28.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 110.8k NOK → 72.8k NOK. Reported fact