ADVOKAT KJELL MYRLAND AS: årsregnskap 2021 vs 2020
Grew 33% on revenue, stronger earnings
approved 2022-04-26; registry 2022-05-02; journal 2022 240473
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT KJELL MYRLAND AS. Revenue 1.08m NOK → 1.44m NOK (+32.7%). Net result -167.2k NOK → -103.0k NOK. Equity 652.3k NOK → 549.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT KJELL MYRLAND AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.08m NOK to 1.44m NOK (+32.7% YoY). Calculated
-
↑
Operating result improved
Operating result -162.1k NOK → -103.3k NOK (op. margin -15.0% → -7.2%). Calculated
-
↑
Net result improved
Net result -167.2k NOK → -103.0k NOK (net margin -15.4% → -7.2%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 652.3k NOK → 549.3k NOK (equity ratio 75.4% → 75.7%). Calculated
-
↓
Cash fell
Bank deposits 418.3k NOK → 216.8k NOK (-48.2% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 442.4k NOK → 674.9k NOK (41% → 47% of revenue). Calculated