ADVOKATDIREKTE AS: årsregnskap 2021 vs 2020
Grew 40% on revenue, stronger earnings
approved 2022-04-26; registry 2022-05-02; journal 2022 242553
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATDIREKTE AS. Revenue 3.56m NOK → 4.98m NOK (+39.8%). Net result +508.5k NOK → +699.8k NOK. Equity 1.81m NOK → 1.91m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: payroll increased; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATDIREKTE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.56m NOK to 4.98m NOK (+39.8% YoY). Calculated
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Net result improved
Net result +508.5k NOK → +699.8k NOK (net margin 14.3% → 14.0%). Calculated
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Equity strengthened
Book equity 1.81m NOK → 1.91m NOK (equity ratio 19.8% → 18.1%). Calculated
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Current ratio back above 1×
Current ratio 0.67× → 10.45×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +873.5k NOK → +88.5k NOK (op. margin 24.5% → 1.8%). Calculated
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↓
Cash fell
Bank deposits 808.1k NOK → 687.4k NOK (-14.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.30m NOK → 2.18m NOK (37% → 44% of revenue). Calculated
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COGS fell
COGS / varekostnad 11.6k NOK → 3 357 NOK (-71.1% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 1 → 2. Reported fact