ADVOKATFIRMAET LILAND AS: årsregnskap 2021 vs 2020
Shrank 74% on revenue, slipped into loss, cash halved-plus
approved 2022-04-28; registry 2022-05-02; journal 2022 246679
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET LILAND AS. Revenue 1.72m NOK → 446.4k NOK (-74.1%). Net result +160.5k NOK → -607.5k NOK. Equity 639.4k NOK → 31.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET LILAND AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 1.90m NOK → 872.0k NOK (110% → 195% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.72m NOK to 446.4k NOK (-74.1% YoY). Calculated
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↓
Operating result weakened
Operating result +205.4k NOK → -777.8k NOK (op. margin 11.9% → -174.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 160.5k NOK profit to a loss of 607.5k NOK. Calculated
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↓
Equity eroded
Book equity 639.4k NOK → 31.9k NOK (equity ratio 66.7% → 11.3%). Calculated
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↓
Cash fell
Bank deposits 276.6k NOK → 14.0k NOK (-94.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 7 080 NOK → 300 NOK (-95.8% YoY). Calculated