ADVOKAT SANDVOLD AS: årsregnskap 2021 vs 2020
Shrank 20% on revenue, stronger earnings
approved 2022-04-30; registry 2022-06-07; journal 2022 336310
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT SANDVOLD AS. Revenue 1.17m NOK → 938.0k NOK (-19.8%). Net result +64.5k NOK → +128.8k NOK. Equity 91.7k NOK → 220.6k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +64.4k NOK → +129.6k NOK (op. margin 5.5% → 13.8%). Calculated
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Net result improved
Net result +64.5k NOK → +128.8k NOK (net margin 5.5% → 13.7%). Calculated
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Equity strengthened
Book equity 91.7k NOK → 220.6k NOK (equity ratio 23.5% → 50.1%). Calculated
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Payroll decreased
Salary cost 752.3k NOK → 425.9k NOK (64% → 45% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.17m NOK to 938.0k NOK (-19.8% YoY). Calculated
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↓
Cash fell
Bank deposits 8 342 NOK → 4 622 NOK (-44.6% YoY). Calculated