ADVOCATOR ADVOKATFIRMA AS: årsregnskap 2021 vs 2020
Shrank 89% on revenue, weaker earnings
approved 2022-04-29; registry 2022-05-21; journal 2022 248597
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOCATOR ADVOKATFIRMA AS. Revenue 7.06m NOK → 804.9k NOK (-88.6%). Net result +803.5k NOK → +635.3k NOK. Equity 1.89m NOK → 2.03m NOK.
On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOCATOR ADVOKATFIRMA AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +52.1k NOK → +755.4k NOK (op. margin 0.7% → 93.8%). Calculated
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Equity strengthened
Book equity 1.89m NOK → 2.03m NOK (equity ratio 56.6% → 85.6%). Calculated
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Payroll decreased
Salary cost 4.12m NOK → -71.4k NOK (58% → -9% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.06m NOK to 804.9k NOK (-88.6% YoY). Calculated
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Net result weakened
Net result +803.5k NOK → +635.3k NOK (net margin 11.4% → 78.9%). Calculated
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↓
Cash fell
Bank deposits 922.3k NOK → 578.5k NOK (-37.3% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 50.0k NOK → 275.0k NOK. Reported fact