FirmaIQ
Org.nr 924 526 777 2020 → 2021 Year-over-year analysis

ADVOKATSELSKAPET HOAAS AS: årsregnskap 2021 vs 2020

Grew 28% on revenue, slipped into loss

approved 2022-04-29; registry 2022-05-03; journal 2022 248795

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATSELSKAPET HOAAS AS. Revenue 1.14m NOK → 1.46m NOK (+28.1%). Net result +196.4k NOK → -55.4k NOK. Equity 220.9k NOK → 165.4k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATSELSKAPET HOAAS AS.

At a glance

Scorecard

Revenue
1.14m NOK 1.46m NOK
+28.1%
Operating result
+260.1k NOK -64.9k NOK
-124.9%
Net result
+196.4k NOK -55.4k NOK
-128.2%
Equity
220.9k NOK 165.4k NOK
-25.1%
Cash
198.4k NOK 182.0k NOK
-8.3%
Total assets
477.3k NOK 476.6k NOK
-0.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.14m NOK to 1.46m NOK (+28.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +260.1k NOK → -64.9k NOK (op. margin 22.8% → -4.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 196.4k NOK profit to a loss of 55.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 220.9k NOK → 165.4k NOK (equity ratio 46.3% → 34.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 198.4k NOK → 182.0k NOK (-8.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 505 NOK → 1.03m NOK (0% → 71% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 75.1k NOK → 525 NOK (-99.3% YoY). Calculated