Org.nr 915 596 320 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET LARSEN & CO KONTORDRIFT AS: årsregnskap 2021 vs 2020

Slipped into loss

approved 2022-04-08; registry 2022-04-27; journal 2022 226959

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET LARSEN & CO KONTORDRIFT AS. Revenue 10.45m NOK → 10.66m NOK (+2.0%). Net result +550.3k NOK → -148.3k NOK. Equity 48.1k NOK → 299.8k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; fell into a net loss.

Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET LARSEN & CO KONTORDRIFT AS.

Scorecard

Revenue
10.45m NOK 10.66m NOK
+2.0%
Operating result
+551.5k NOK -148.3k NOK
-126.9%
Net result
+550.3k NOK -148.3k NOK
-127.0%
Equity
48.1k NOK 299.8k NOK
+523.0%
Cash
1 178 NOK 1.05m NOK
+88648.6%
Total assets
984.7k NOK 1.88m NOK
+90.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.45m NOK to 10.66m NOK (+2.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 48.1k NOK → 299.8k NOK (equity ratio 4.9% → 16.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 178 NOK → 1.05m NOK (+88648.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.46× → 1.14×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +551.5k NOK → -148.3k NOK (op. margin 5.3% → -1.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 550.3k NOK profit to a loss of 148.3k NOK. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 550.0k NOK → 299.8k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 5.73m NOK → 6.39m NOK (55% → 60% of revenue). Calculated