ADVOKAT 1 AS: årsregnskap 2021 vs 2020
Shrank 10% on revenue, weaker earnings
approved 2022-05-30; registry 2022-06-02; journal 2022 402627
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT 1 AS. Revenue 2.56m NOK → 2.30m NOK (-10.3%). Net result +266.5k NOK → +60.1k NOK. Equity 357.4k NOK → 417.5k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 357.4k NOK → 417.5k NOK (equity ratio 43.6% → 52.2%). Calculated
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↑
Cash rose
Bank deposits 444.1k NOK → 528.9k NOK (+19.1% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.56m NOK to 2.30m NOK (-10.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +344.4k NOK → +76.2k NOK (op. margin 13.4% → 3.3%). Calculated
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↓
Net result weakened
Net result +266.5k NOK → +60.1k NOK (net margin 10.4% → 2.6%). Calculated
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↓
Payroll up without matching revenue
Salary cost 479.9k NOK → 545.8k NOK (19% → 24% of revenue). Calculated