ADVOKAT STENSLAND & CO AS: årsregnskap 2021 vs 2020
Grew 78% on revenue, weaker earnings
approved 2022-03-01; registry 2022-03-03; journal 2022 132759
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT STENSLAND & CO AS. Revenue 1.51m NOK → 2.69m NOK (+78.4%). Net result +373.9k NOK → +140.2k NOK. Equity 582.3k NOK → 340.2k 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 STENSLAND & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.51m NOK to 2.69m NOK (+78.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +478.4k NOK → +184.3k NOK (op. margin 31.7% → 6.9%). Calculated
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↓
Net result weakened
Net result +373.9k NOK → +140.2k NOK (net margin 24.8% → 5.2%). Calculated
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↓
Equity eroded
Book equity 582.3k NOK → 340.2k NOK (equity ratio 63.6% → 65.0%). Calculated
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↓
Cash fell
Bank deposits 747.7k NOK → 651.3k NOK (-12.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.75× → 0.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 554.7k NOK → 1.84m NOK (37% → 69% of revenue). Calculated