FirmaIQ
Org.nr 894 266 732 2020 → 2021 Year-over-year analysis

ADVOKAT PER ANDERS LØVSLETTEN AS: årsregnskap 2021 vs 2020

Grew 10% on revenue, weaker earnings, cash halved-plus

approved 2022-02-23; registry 2022-05-02; journal 2022 245063

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT PER ANDERS LØVSLETTEN AS. Revenue 595.0k NOK → 657.3k NOK (+10.5%). Net result +145.3k NOK → +104.0k NOK. Equity 625.5k NOK → 209.5k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT PER ANDERS LØVSLETTEN AS.

At a glance

Scorecard

Revenue
595.0k NOK 657.3k NOK
+10.5%
Operating result
+186.6k NOK +133.2k NOK
-28.6%
Net result
+145.3k NOK +104.0k NOK
-28.4%
Equity
625.5k NOK 209.5k NOK
-66.5%
Cash
410.1k NOK 146.7k NOK
-64.2%
Total assets
709.0k NOK 323.4k NOK
-54.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 595.0k NOK to 657.3k NOK (+10.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +186.6k NOK → +133.2k NOK (op. margin 31.4% → 20.3%). Calculated

  • ↓

    Net result weakened

    Net result +145.3k NOK → +104.0k NOK (net margin 24.4% → 15.8%). Calculated

  • ↓

    Equity eroded

    Book equity 625.5k NOK → 209.5k NOK (equity ratio 88.2% → 64.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 410.1k NOK → 146.7k NOK (-64.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 200.2k NOK → 277.9k NOK (34% → 42% of revenue). Calculated