Org.nr 996 316 777 2020 → 2021 Year-over-year analysis

ADVOKAT GISLE LOSO AS: årsregnskap 2021 vs 2020

Grew 67% on revenue, weaker earnings

approved 2022-04-30; registry 2022-06-22; journal 2022 496052

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT GISLE LOSO AS. Revenue 2.32m NOK → 3.87m NOK (+66.8%). Net result +47.6k NOK → +22.9k NOK. Equity 379.8k NOK → 402.7k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT GISLE LOSO AS.

Scorecard

Revenue
2.32m NOK 3.87m NOK
+66.8%
Operating result
+59.4k NOK +31.2k NOK
-47.4%
Net result
+47.6k NOK +22.9k NOK
-51.8%
Equity
379.8k NOK 402.7k NOK
+6.0%
Cash
692.4k NOK 583.8k NOK
-15.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.32m NOK to 3.87m NOK (+66.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 379.8k NOK → 402.7k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +59.4k NOK → +31.2k NOK (op. margin 2.6% → 0.8%). Calculated

  • ↓

    Net result weakened

    Net result +47.6k NOK → +22.9k NOK (net margin 2.1% → 0.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 692.4k NOK → 583.8k NOK (-15.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.49m NOK → 3.01m NOK (64% → 78% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 1. Reported fact