FirmaIQ
Org.nr 989 080 822 2020 → 2021 Year-over-year analysis

ADVOKATENE LEIROS & OLSEN AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-04-26; registry 2022-05-04; journal 2022 254838

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATENE LEIROS & OLSEN AS. Revenue 12.49m NOK → 12.65m NOK (+1.2%). Net result +702.9k NOK → +476.6k NOK. Equity 2.72m NOK → 2.80m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATENE LEIROS & OLSEN AS.

At a glance

Scorecard

Revenue
12.49m NOK 12.65m NOK
+1.2%
Operating result
+824.9k NOK +631.0k NOK
-23.5%
Net result
+702.9k NOK +476.6k NOK
-32.2%
Equity
2.72m NOK 2.80m NOK
+2.8%
Cash
4.91m NOK 5.08m NOK
+3.6%
Total assets
6.13m NOK 6.30m NOK
+2.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.49m NOK to 12.65m NOK (+1.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.72m NOK → 2.80m NOK (equity ratio 44.4% → 44.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.91m NOK → 5.08m NOK (+3.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +824.9k NOK → +631.0k NOK (op. margin 6.6% → 5.0%). Calculated

  • ↓

    Net result weakened

    Net result +702.9k NOK → +476.6k NOK (net margin 5.6% → 3.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 8.99m NOK → 9.67m NOK (72% → 76% of revenue). Calculated