ADVOKATFIRMAET CECILIE SCHJATVET AS: årsregnskap 2021 vs 2020
Grew 93429% on revenue, weaker earnings
approved 2022-04-30; registry 2022-05-03; journal 2022 250625
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET CECILIE SCHJATVET AS. Revenue 2 115 NOK → 1.98m NOK (+93429.3%). Net result +858.2k NOK → +356.8k NOK. Equity 4.95m NOK → 734.9k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET CECILIE SCHJATVET AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 115 NOK to 1.98m NOK (+93429.3% YoY). Calculated
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↑
Operating result improved
Operating result +1 099 NOK → +465.0k NOK (op. margin 52.0% → 23.5%). Calculated
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↑
Cash rose
Bank deposits 674.1k NOK → 914.9k NOK (+35.7% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +858.2k NOK → +356.8k NOK (net margin 40575.2% → 18.0%). Calculated
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↓
Equity eroded
Book equity 4.95m NOK → 734.9k NOK. Calculated
Things to notice
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·
Payroll increased
Salary cost 2 684 NOK → 1.08m NOK (127% → 55% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2 003 NOK → 34.4k NOK (+1619.8% YoY). Calculated