ADVOKATFIRMA WÅLAND AS: årsregnskap 2021 vs 2020
Grew 38% on revenue, stronger earnings
registry 2022-04-21; journal 2022 199167
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA WÅLAND AS. Revenue 2.81m NOK → 3.88m NOK (+38.4%). Net result +414.5k NOK → +633.4k NOK. Equity 444.8k NOK → 663.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMA WÅLAND AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.81m NOK to 3.88m NOK (+38.4% YoY). Calculated
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Operating result improved
Operating result +529.4k NOK → +810.4k NOK (op. margin 18.9% → 20.9%). Calculated
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Net result improved
Net result +414.5k NOK → +633.4k NOK (net margin 14.8% → 16.3%). Calculated
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Equity strengthened
Book equity 444.8k NOK → 663.4k NOK (equity ratio 43.5% → 48.5%). Calculated
What deteriorated
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Cash fell
Bank deposits 533.1k NOK → 417.6k NOK (-21.7% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.52× → 0.38× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS moved
COGS / varekostnad 85.4k NOK → 483.3k NOK (+465.9% YoY). Calculated