ADVOKAT CAMILLA ØDEGAARD LETNES AS: årsregnskap 2021 vs 2020
Shrank 24% on revenue, slipped into loss
approved 2022-04-30; registry 2022-05-03; journal 2022 250215
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT CAMILLA ØDEGAARD LETNES AS. Revenue 2.13m NOK → 1.61m NOK (-24.4%). Net result +300.4k NOK → -73.8k NOK. Equity 943.1k NOK → 869.3k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT CAMILLA ØDEGAARD LETNES AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.13m NOK to 1.61m NOK (-24.4% YoY). Calculated
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↓
Operating result weakened
Operating result +392.3k NOK → -84.2k NOK (op. margin 18.4% → -5.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 300.4k NOK profit to a loss of 73.8k NOK. Calculated
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Equity eroded
Book equity 943.1k NOK → 869.3k NOK (equity ratio 59.0% → 71.5%). Calculated
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↓
Cash fell
Bank deposits 751.0k NOK → 575.2k NOK (-23.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 612.0k NOK → 549.4k NOK (-10.2% YoY). Calculated