ADVOKAT HAUKEN AS: årsregnskap 2021 vs 2020
Shrank 6% on revenue, slipped into loss, cash halved-plus
approved 2021-12-31; registry 2022-05-02; journal 2022 242969
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT HAUKEN AS. Revenue 1.62m NOK → 1.53m NOK (-5.8%). Net result +325.1k NOK → -290.1k NOK. Equity 12.52m NOK → 231.7k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 1.99m NOK → 11 NOK (123% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.62m NOK to 1.53m NOK (-5.8% YoY). Calculated
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↓
Operating result weakened
Operating result +308.6k NOK → -300.0k NOK (op. margin 19.0% → -19.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 325.1k NOK profit to a loss of 290.1k NOK. Calculated
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↓
Equity eroded
Book equity 12.52m NOK → 231.7k NOK (equity ratio 1614.5% → 43.7%). Calculated
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↓
Cash fell
Bank deposits 345.2k NOK → 170.5k NOK (-50.6% YoY). Calculated