FirmaIQ
Org.nr 977 557 445 2020 → 2021 Year-over-year analysis

ADVOKATSELSKAPET JUSTITIA AS: årsregnskap 2021 vs 2020

Shrank 18% on revenue, weaker earnings, fresh owner capital

approved 2022-04-29; registry 2022-05-02; journal 2022 246973

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATSELSKAPET JUSTITIA AS. Revenue 10.35m NOK → 8.53m NOK (-17.6%). Net result +3.36m NOK → +2.43m NOK. Equity 5.62m NOK → 5.54m NOK.

On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
10.35m NOK 8.53m NOK
-17.6%
Operating result
+4.30m NOK +3.11m NOK
-27.7%
Net result
+3.36m NOK +2.43m NOK
-27.8%
Equity
5.62m NOK 5.54m NOK
-1.3%
Cash
3.58m NOK 2.18m NOK
-39.0%
Total assets
7.90m NOK 7.10m NOK
-10.1%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 100.0k NOK → 857.6k NOK (+757.6k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 4.73m NOK → 3.87m NOK (46% → 45% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.35m NOK to 8.53m NOK (-17.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.30m NOK → +3.11m NOK (op. margin 41.5% → 36.4%). Calculated

  • ↓

    Net result weakened

    Net result +3.36m NOK → +2.43m NOK (net margin 32.5% → 28.4%). Calculated

  • ↓

    Equity eroded

    Book equity 5.62m NOK → 5.54m NOK (equity ratio 71.1% → 78.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.58m NOK → 2.18m NOK (-39.0% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 3.9. Reported fact