Org.nr 989 227 076 2020 → 2021 Year-over-year analysis

ADVOKAT TROND WERNER LUNDE HOLDING AS: årsregnskap 2021 vs 2020

Grew 7% on revenue, weaker earnings

approved 2022-06-30; registry 2022-07-09; journal 2022 612822

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT TROND WERNER LUNDE HOLDING AS. Revenue 132.1k NOK → 141.5k NOK (+7.1%). Net result +993.7k NOK → +333.8k NOK. Equity 11.30m NOK → 9.28m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
132.1k NOK 141.5k NOK
+7.1%
Operating result
-4 374 NOK -6 996 NOK
-59.9%
Net result
+993.7k NOK +333.8k NOK
-66.4%
Equity
11.30m NOK 9.28m NOK
-17.8%
Cash
5.02m NOK 5.03m NOK
+0.3%
Total assets
11.37m NOK 11.66m NOK
+2.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 132.1k NOK to 141.5k NOK (+7.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 5.02m NOK → 5.03m NOK (+0.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -4 374 NOK → -6 996 NOK (op. margin -3.3% → -4.9%). Calculated

  • ↓

    Net result weakened

    Net result +993.7k NOK → +333.8k NOK (net margin 752.2% → 235.9%). Calculated

  • ↓

    Equity eroded

    Book equity 11.30m NOK → 9.28m NOK (equity ratio 99.4% → 79.6%). Calculated