ADVOKAT AXEL LANGE AS: årsregnskap 2021 vs 2020
Shrank 11% on revenue, slipped into loss, cash halved-plus
approved 2022-04-28; registry 2022-05-03; journal 2022 248823
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT AXEL LANGE AS. Revenue 2.59m NOK → 2.30m NOK (-11.2%). Net result +391.7k NOK → -67.4k NOK. Equity 217.3k NOK → 149.9k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.59m NOK to 2.30m NOK (-11.2% YoY). Calculated
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Operating result weakened
Operating result +524.7k NOK → -32.6k NOK (op. margin 20.2% → -1.4%). Calculated
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Fell into a net loss
Net result flipped from 391.7k NOK profit to a loss of 67.4k NOK. Calculated
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Equity eroded
Book equity 217.3k NOK → 149.9k NOK (equity ratio 11.3% → 10.9%). Calculated
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Cash fell
Bank deposits 476.5k NOK → 203.6k NOK (-57.3% YoY). Calculated