ADVOKATFIRMAET LANDSVIK & LARSEN AS: årsregnskap 2021 vs 2020
Grew 398449% on revenue, stronger earnings
approved 2022-04-27; registry 2022-05-02; journal 2022 243337
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET LANDSVIK & LARSEN AS. Revenue 1 936 NOK → 7.72m NOK (+398449.3%). Net result +547.7k NOK → +2.01m NOK. Equity 7.57m NOK → 2.08m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET LANDSVIK & LARSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 936 NOK to 7.72m NOK (+398449.3% YoY). Calculated
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↑
Net result improved
Net result +547.7k NOK → +2.01m NOK (net margin 28288.4% → 26.1%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +722.6k NOK → +609.4k NOK (op. margin 37322.4% → 7.9%). Calculated
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↓
Equity eroded
Book equity 7.57m NOK → 2.08m NOK (equity ratio 360.1% → 53.5%). Calculated
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↓
Cash fell
Bank deposits 705.4k NOK → 630.4k NOK (-10.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 997 NOK → 4.08m NOK (103% → 53% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 10.9k NOK → 166.4k NOK (+1429.7% YoY). Calculated