Org.nr 999 318 088 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA LUNDE ROBERTSEN AS: årsregnskap 2021 vs 2020

Shrank 8% on revenue, weaker earnings

approved 2022-04-29; registry 2022-05-14; journal 2022 289188

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA LUNDE ROBERTSEN AS. Revenue 5.36m NOK → 4.92m NOK (-8.2%). Net result +822.6k NOK → +179.3k NOK. Equity 2.34m NOK → 2.52m NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
5.36m NOK 4.92m NOK
-8.2%
Operating result
+974.1k NOK +125.1k NOK
-87.2%
Net result
+822.6k NOK +179.3k NOK
-78.2%
Equity
2.34m NOK 2.52m NOK
+7.7%
Cash
106.1k NOK 94.5k NOK
-11.0%
Total assets
6.84m NOK 6.30m NOK
-8.0%

What improved

  • ↑

    Equity strengthened

    Book equity 2.34m NOK → 2.52m NOK (equity ratio 34.2% → 40.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.36m NOK to 4.92m NOK (-8.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +974.1k NOK → +125.1k NOK (op. margin 18.2% → 2.5%). Calculated

  • ↓

    Net result weakened

    Net result +822.6k NOK → +179.3k NOK (net margin 15.3% → 3.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 106.1k NOK → 94.5k NOK (-11.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.38m NOK → 2.52m NOK (44% → 51% of revenue). Calculated