ADVOKATFIRMAET HEUSSCHE AS: årsregnskap 2021 vs 2020
Shrank 6% on revenue, weaker earnings, cash halved-plus
approved 2022-04-04; registry 2022-04-09; journal 2022 196346
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET HEUSSCHE AS. Revenue 1.75m NOK → 1.65m NOK (-5.9%). Net result +163.3k NOK → +9 100 NOK. Equity 491.5k NOK → 500.6k NOK.
On the constructive side: equity strengthened; 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
-
↑
Equity strengthened
Book equity 491.5k NOK → 500.6k NOK (equity ratio 51.0% → 212.3%). Calculated
-
↑
Payroll decreased
Salary cost 702.9k NOK → 456.3k NOK (40% → 28% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.75m NOK to 1.65m NOK (-5.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +214.6k NOK → +30.0k NOK (op. margin 12.2% → 1.8%). Calculated
-
↓
Net result weakened
Net result +163.3k NOK → +9 100 NOK (net margin 9.3% → 0.6%). Calculated
-
↓
Cash fell
Bank deposits 468.9k NOK → 197.3k NOK (-57.9% YoY). Calculated