ADVOKAT KATHARINA ANGVIK HJELMAAS AS: årsregnskap 2021 vs 2020
Shrank 57% on revenue, weaker earnings
approved 2022-02-16; registry 2022-02-24; journal 2022 123986
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT KATHARINA ANGVIK HJELMAAS AS. Revenue 1.85m NOK → 795.5k NOK (-57.0%). Net result +334.1k NOK → +7 928 NOK. Equity 52.1k NOK → 1.06m NOK.
On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT KATHARINA ANGVIK HJELMAAS AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 52.1k NOK → 1.06m NOK (equity ratio 2.4% → 55.7%). Calculated
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↑
Owners injected capital
Paid-in equity rose 50.0k NOK → 60.0k NOK (+10.0k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.85m NOK to 795.5k NOK (-57.0% YoY). Calculated
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↓
Operating result weakened
Operating result +430.5k NOK → +96.2k NOK (op. margin 23.3% → 12.1%). Calculated
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↓
Net result weakened
Net result +334.1k NOK → +7 928 NOK (net margin 18.1% → 1.0%). Calculated
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↓
Cash fell
Bank deposits 261.3k NOK → 192.9k NOK (-26.2% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 928.1k NOK → 1.27m NOK (50% → 160% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 343.0k NOK → 1.18m NOK. Reported fact