ADVOKATFIRMAET ERIKSEN AS: årsregnskap 2021 vs 2020
Shrank 6% on revenue, weaker earnings, cash halved-plus
approved 2022-04-08; registry 2022-04-23; journal 2022 216539
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET ERIKSEN AS. Revenue 6.29m NOK → 5.93m NOK (-5.7%). Net result +300.6k NOK → +83.2k NOK. Equity 1.36m NOK → 1.24m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET ERIKSEN AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6.29m NOK to 5.93m NOK (-5.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +379.7k NOK → +109.0k NOK (op. margin 6.0% → 1.8%). Calculated
-
↓
Net result weakened
Net result +300.6k NOK → +83.2k NOK (net margin 4.8% → 1.4%). Calculated
-
↓
Equity eroded
Book equity 1.36m NOK → 1.24m NOK (equity ratio 51.2% → 45.1%). Calculated
-
↓
Cash fell
Bank deposits 870.1k NOK → 149.1k NOK (-82.9% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 151.8k NOK → 74.5k NOK (-50.9% YoY). Calculated