Org.nr 999 538 339 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET LIBERTUS AS: årsregnskap 2021 vs 2020

Shrank 27% on revenue, returned to profit

approved 2022-04-28; registry 2022-05-02; journal 2022 247261

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET LIBERTUS AS. Revenue 2.53m NOK → 1.84m NOK (-27.3%). Net result -28.3k NOK → +30.8k NOK. Equity 460.4k NOK → 491.2k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

Scorecard

Revenue
2.53m NOK 1.84m NOK
-27.3%
Operating result
-47.6k NOK +38.0k NOK
+179.9%
Net result
-28.3k NOK +30.8k NOK
+208.7%
Equity
460.4k NOK 491.2k NOK
+6.7%
Cash
405.4k NOK 440.8k NOK
+8.7%
Total assets
1.06m NOK 1.92m NOK
+80.8%

What improved

  • ↑

    Operating result improved

    Operating result -47.6k NOK → +38.0k NOK (op. margin -1.9% → 2.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 28.3k NOK to a profit of 30.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 460.4k NOK → 491.2k NOK (equity ratio 43.4% → 25.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 405.4k NOK → 440.8k NOK (+8.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.87m NOK → 1.35m NOK (74% → 74% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.53m NOK to 1.84m NOK (-27.3% YoY). Calculated