ADVOKATFIRMAET ALM AS: årsregnskap 2021 vs 2020
Shrank 54% on revenue, weaker earnings
approved 2022-04-29; registry 2022-05-02; journal 2022 245177
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET ALM AS. Revenue 485.3k NOK → 223.2k NOK (-54.0%). Net result -26.1k NOK → -153.1k NOK. Equity 427.2k NOK → 274.1k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 260.5k NOK → 214.8k NOK (54% → 96% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 485.3k NOK to 223.2k NOK (-54.0% YoY). Calculated
-
↓
Operating result weakened
Operating result -28.3k NOK → -154.4k NOK (op. margin -5.8% → -69.2%). Calculated
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↓
Net result weakened
Net result -26.1k NOK → -153.1k NOK (net margin -5.4% → -68.6%). Calculated
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↓
Equity eroded
Book equity 427.2k NOK → 274.1k NOK (equity ratio 83.4% → 68.4%). Calculated
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↓
Cash fell
Bank deposits 434.8k NOK → 239.2k NOK (-45.0% YoY). Calculated