ADVOCATIA NORWEGIAN LAW ALLIANCE AS: årsregnskap 2021 vs 2020
Shrank 16% on revenue, weaker earnings
approved 2022-04-07; registry 2022-05-21; journal 2022 246837
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOCATIA NORWEGIAN LAW ALLIANCE AS. Revenue 2.15m NOK → 1.80m NOK (-16.3%). Net result +169.0k NOK → +58.4k NOK. Equity 286.2k NOK → 344.5k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOCATIA NORWEGIAN LAW ALLIANCE AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 286.2k NOK → 344.5k NOK (equity ratio 81.7% → 63.5%). Calculated
-
↑
Cash rose
Bank deposits 177.5k NOK → 460.5k NOK (+159.5% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.15m NOK to 1.80m NOK (-16.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +168.2k NOK → +59.5k NOK (op. margin 7.8% → 3.3%). Calculated
-
↓
Net result weakened
Net result +169.0k NOK → +58.4k NOK (net margin 7.9% → 3.2%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 1.45m NOK → 1.27m NOK (-12.0% YoY). Calculated