ADVOKAT AS: årsregnskap 2021 vs 2020
Shrank 91% on revenue, weaker earnings
approved 2022-04-29; registry 2022-05-02; journal 2022 247699
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT AS. Revenue 383.5k NOK → 35.7k NOK (-90.7%). Net result -60.1k NOK → -96.1k NOK. Equity 305.6k NOK → 209.6k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 307.1k NOK → 137.6k NOK (80% → 385% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 383.5k NOK to 35.7k NOK (-90.7% YoY). Calculated
-
↓
Operating result weakened
Operating result -69.0k NOK → -159.4k NOK (op. margin -18.0% → -446.1%). Calculated
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↓
Net result weakened
Net result -60.1k NOK → -96.1k NOK (net margin -15.7% → -269.0%). Calculated
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↓
Equity eroded
Book equity 305.6k NOK → 209.6k NOK (equity ratio 63.0% → 91.9%). Calculated
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↓
Cash fell
Bank deposits 237.4k NOK → 143.5k NOK (-39.6% YoY). Calculated