ADVOKATFIRMAET ANGELSHAUG & CO AS: årsregnskap 2021 vs 2020
Weaker earnings, cash halved-plus
approved 2022-04-29; registry 2022-05-02; journal 2022 245949
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET ANGELSHAUG & CO AS. Revenue 8.94m NOK → 9.04m NOK (+1.2%). Net result +7.46m NOK → +238.3k NOK. Equity 400.0k NOK → 638.2k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ANGELSHAUG & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.94m NOK to 9.04m NOK (+1.2% YoY). Calculated
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↑
Equity strengthened
Book equity 400.0k NOK → 638.2k NOK (equity ratio 10.2% → 15.2%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +531.3k NOK → +328.2k NOK (op. margin 5.9% → 3.6%). Calculated
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↓
Net result weakened
Net result +7.46m NOK → +238.3k NOK (net margin 83.5% → 2.6%). Calculated
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↓
Cash fell
Bank deposits 574.5k NOK → 64.6k NOK (-88.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 6.30m NOK → 6.51m NOK (70% → 72% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 6 → 7. Reported fact