FirmaIQ
Org.nr 986 366 709 2020 → 2021 Year-over-year analysis

ADVOKAT LEIF STRØM AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-05-01; registry 2022-05-04; journal 2022 256356

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT LEIF STRØM AS. Revenue 2.66m NOK → 2.61m NOK (-1.9%). Net result -256.9k NOK → -120.7k NOK. Equity 421.7k NOK → 301.0k NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.66m NOK 2.61m NOK
-1.9%
Operating result
-329.9k NOK -250.5k NOK
+24.1%
Net result
-256.9k NOK -120.7k NOK
+53.0%
Equity
421.7k NOK 301.0k NOK
-28.6%
Cash
338.8k NOK 170.1k NOK
-49.8%
Total assets
n/m 857.2k NOK
—

What improved

  • ↑

    Operating result improved

    Operating result -329.9k NOK → -250.5k NOK (op. margin -12.4% → -9.6%). Calculated

  • ↑

    Net result improved

    Net result -256.9k NOK → -120.7k NOK (net margin -9.7% → -4.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.02m NOK → 1.97m NOK (76% → 76% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.66m NOK to 2.61m NOK (-1.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 421.7k NOK → 301.0k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 338.8k NOK → 170.1k NOK (-49.8% YoY). Calculated