ADVOKATFIRMAET LEX AS: årsregnskap 2021 vs 2020
Stronger earnings
approved 2022-04-27; registry 2022-05-19; journal 2022 240769
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET LEX AS. Revenue 194.7k NOK → 194.7k NOK (-0.0%). Net result -159.8k NOK → -71.3k NOK. Equity 1.71m NOK → 1.64m NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET LEX AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -237.4k NOK → -90.7k NOK (op. margin -121.9% → -46.6%). Calculated
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Net result improved
Net result -159.8k NOK → -71.3k NOK (net margin -82.1% → -36.6%). Calculated
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Cash rose
Bank deposits 8 NOK → 1 093 NOK (+13562.5% YoY). Calculated
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Payroll decreased
Salary cost 2.12m NOK → 2 NOK (1087% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 194.7k NOK to 194.7k NOK (-0.0% YoY). Calculated
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↓
Equity eroded
Book equity 1.71m NOK → 1.64m NOK (equity ratio 98.9% → 96.7%). Calculated
Things to notice
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COGS fell
COGS / varekostnad 6 098 NOK → 585 NOK (-90.4% YoY). Calculated