ADVOKAT KJELL SIGVE HAUGLAND AS: årsregnskap 2021 vs 2020
Shrank 11% on revenue, weaker earnings
registry 2022-05-02; journal 2022 246605
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT KJELL SIGVE HAUGLAND AS. Revenue 882.6k NOK → 783.2k NOK (-11.3%). Net result +229.6k NOK → +51.6k NOK. Equity 326.0k NOK → 377.6k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 326.0k NOK → 377.6k NOK (equity ratio 45.4% → 73.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 882.6k NOK to 783.2k NOK (-11.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +294.6k NOK → +65.6k NOK (op. margin 33.4% → 8.4%). Calculated
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↓
Net result weakened
Net result +229.6k NOK → +51.6k NOK (net margin 26.0% → 6.6%). Calculated
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↓
Cash fell
Bank deposits 510.6k NOK → 435.2k NOK (-14.8% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 316.5k NOK → 439.0k NOK (36% → 56% of revenue). Calculated