ADVOKAT MARIANNE HOGNESTAD AS: årsregnskap 2021 vs 2020
Grew 17% on revenue, stronger earnings
approved 2022-04-25; registry 2022-05-02; journal 2022 240981
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT MARIANNE HOGNESTAD AS. Revenue 1.37m NOK → 1.60m NOK (+16.8%). Net result +154.1k NOK → +337.9k NOK. Equity 538.4k NOK → 776.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT MARIANNE HOGNESTAD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.37m NOK to 1.60m NOK (+16.8% YoY). Calculated
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Operating result improved
Operating result +189.3k NOK → +433.5k NOK (op. margin 13.8% → 27.0%). Calculated
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Net result improved
Net result +154.1k NOK → +337.9k NOK (net margin 11.2% → 21.1%). Calculated
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Equity strengthened
Book equity 538.4k NOK → 776.3k NOK (equity ratio 66.2% → 301.8%). Calculated
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Cash rose
Bank deposits 562.4k NOK → 880.4k NOK (+56.5% YoY). Calculated
What deteriorated
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Current ratio dropped below 1×
Current ratio 2.96× → 0.43× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 615.8k NOK → 641.9k NOK (45% → 40% of revenue). Calculated