ADVOKAT LEIRVÅG AS: årsregnskap 2021 vs 2020
Grew 62% on revenue, stronger earnings
approved 2022-02-12; registry 2022-02-24; journal 2022 124638
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT LEIRVÅG AS. Revenue 1.74m NOK → 2.82m NOK (+61.8%). Net result +540.3k NOK → +986.6k NOK. Equity 654.1k NOK → 440.7k NOK.
On the constructive side: revenue rose; net result improved; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVOKAT LEIRVÅG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.74m NOK to 2.82m NOK (+61.8% YoY). Calculated
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Net result improved
Net result +540.3k NOK → +986.6k NOK (net margin 31.0% → 35.0%). Calculated
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Payroll decreased
Salary cost 556.48m NOK → 1 135 NOK (31921% → 0% of revenue). Calculated
What deteriorated
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Operating result weakened
Operating result +665.69m NOK → +1 117 NOK (op. margin 38186.4% → 0.0%). Calculated
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↓
Equity eroded
Book equity 654.1k NOK → 440.7k NOK (equity ratio 39.7% → 19.1%). Calculated
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Cash fell
Bank deposits 870.8k NOK → 468.7k NOK (-46.2% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad 1 808 NOK → 51.9k NOK (+2771.7% YoY). Calculated
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Book investments changed
Investment / intangible book value 76.5k NOK → 107.2k NOK. Reported fact