ADVOKATFIRMAET KOPSTAD AS: årsregnskap 2021 vs 2020
Shrank 26% on revenue, stronger earnings, cash halved-plus
approved 2022-04-29; registry 2022-05-30; journal 2022 357002
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET KOPSTAD AS. Revenue 2.41m NOK → 1.79m NOK (-25.8%). Net result +17.2k NOK → +73.0k NOK. Equity 938.2k NOK → 411.2k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET KOPSTAD AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -85.3k NOK → +85.7k NOK (op. margin -3.5% → 4.8%). Calculated
-
↑
Net result improved
Net result +17.2k NOK → +73.0k NOK (net margin 0.7% → 4.1%). Calculated
-
↑
Payroll decreased
Salary cost 1.75m NOK → 1.22m NOK (73% → 68% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.41m NOK to 1.79m NOK (-25.8% YoY). Calculated
-
↓
Equity eroded
Book equity 938.2k NOK → 411.2k NOK (equity ratio 64.1% → 23.6%). Calculated
-
↓
Cash fell
Bank deposits 849.9k NOK → 144.6k NOK (-83.0% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 6 274 NOK → 5 064 NOK. Reported fact