ADVOKATFIRMAET LIABØ & ØISTENSEN AS: årsregnskap 2021 vs 2020
Grew 23% on revenue, weaker earnings
approved 2022-04-28; registry 2022-05-02; journal 2022 241649
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET LIABØ & ØISTENSEN AS. Revenue 2.89m NOK → 3.57m NOK (+23.3%). Net result +302.1k NOK → +169.4k NOK. Equity 507.9k NOK → 577.3k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET LIABØ & ØISTENSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.89m NOK to 3.57m NOK (+23.3% YoY). Calculated
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↑
Equity strengthened
Book equity 507.9k NOK → 577.3k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +416.6k NOK → +255.7k NOK (op. margin 14.4% → 7.2%). Calculated
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↓
Net result weakened
Net result +302.1k NOK → +169.4k NOK (net margin 10.4% → 4.7%). Calculated
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↓
Cash fell
Bank deposits 51.8k NOK → 38.8k NOK (-25.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.53m NOK → 2.35m NOK (53% → 66% of revenue). Calculated