ADVOKAT LARS HAUGEN AS: årsregnskap 2021 vs 2020
Shrank 47% on revenue, slipped into loss, cash halved-plus
registry 2022-05-02; journal 2022 244265
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT LARS HAUGEN AS. Revenue 377.8k NOK → 201.8k NOK (-46.6%). Net result +12.12m NOK → -198.8k NOK. Equity 11.26m NOK → 64.7k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 377.8k NOK to 201.8k NOK (-46.6% YoY). Calculated
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Operating result weakened
Operating result +117.9k NOK → -198.2k NOK (op. margin 31.2% → -98.2%). Calculated
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Fell into a net loss
Net result flipped from 12.12m NOK profit to a loss of 198.8k NOK. Calculated
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Equity eroded
Book equity 11.26m NOK → 64.7k NOK (equity ratio 3808.2% → 49.9%). Calculated
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Cash fell
Bank deposits 107.6k NOK → 16.0k NOK (-85.1% YoY). Calculated