Org.nr 974 675 366 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET LEGALIS AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-04-29; registry 2022-05-02; journal 2022 247413

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET LEGALIS AS. Revenue 41.92m NOK → 42.40m NOK (+1.1%). Net result +3.73m NOK → +930.3k NOK. Equity 4.89m NOK → 5.82m NOK.

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

Also worth watching: payroll increased; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET LEGALIS AS.

Scorecard

Revenue
41.92m NOK 42.40m NOK
+1.1%
Operating result
+4.73m NOK +1.15m NOK
-75.6%
Net result
+3.73m NOK +930.3k NOK
-75.1%
Equity
4.89m NOK 5.82m NOK
+19.0%
Cash
2.55m NOK 3.15m NOK
+23.6%
Total assets
14.38m NOK 14.03m NOK
-2.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 41.92m NOK to 42.40m NOK (+1.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.89m NOK → 5.82m NOK (equity ratio 34.0% → 41.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.55m NOK → 3.15m NOK (+23.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +4.73m NOK → +1.15m NOK (op. margin 11.3% → 2.7%). Calculated

  • ↓

    Net result weakened

    Net result +3.73m NOK → +930.3k NOK (net margin 8.9% → 2.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 21.35m NOK → 24.23m NOK (51% → 57% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.20m NOK → 1.21m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 29 → 0. Reported fact