ADVOKAT KARIANNE GRINDSTAD AS: årsregnskap 2021 vs 2020
Grew 13% on revenue, stronger earnings
approved 2022-03-03; registry 2022-03-24; journal 2022 162585
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT KARIANNE GRINDSTAD AS. Revenue 785.0k NOK → 886.6k NOK (+13.0%). Net result +23.2k NOK → +44.6k NOK. Equity 4.10m NOK → 147.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT KARIANNE GRINDSTAD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 785.0k NOK to 886.6k NOK (+13.0% YoY). Calculated
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Operating result improved
Operating result +34.3k NOK → +62.9k NOK (op. margin 4.4% → 7.1%). Calculated
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Net result improved
Net result +23.2k NOK → +44.6k NOK (net margin 3.0% → 5.0%). Calculated
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Cash rose
Bank deposits 17.9k NOK → 46.5k NOK (+160.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 4.10m NOK → 147.1k NOK (equity ratio 734.5% → 23.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 547.6k NOK → 604.5k NOK (70% → 68% of revenue). Calculated