ADVOKATENE HOVDE MNA AS: årsregnskap 2021 vs 2020
Shrank 12% on revenue, weaker earnings
approved 2022-04-28; registry 2022-05-02; journal 2022 248241
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATENE HOVDE MNA AS. Revenue 3.88m NOK → 3.42m NOK (-11.9%). Net result +607.0k NOK → +96.6k NOK. Equity 1.52m NOK → 1.22m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 63.7k NOK → 995.1k NOK (+1462.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.88m NOK to 3.42m NOK (-11.9% YoY). Calculated
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↓
Operating result weakened
Operating result +760.4k NOK → +118.9k NOK (op. margin 19.6% → 3.5%). Calculated
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↓
Net result weakened
Net result +607.0k NOK → +96.6k NOK (net margin 15.6% → 2.8%). Calculated
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↓
Equity eroded
Book equity 1.52m NOK → 1.22m NOK (equity ratio 55.1% → 51.4%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2.10m NOK → 2.35m NOK (54% → 69% of revenue). Calculated