FirmaIQ
Org.nr 921 566 026 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET LILLEØY- ANDERSEN AS: årsregnskap 2021 vs 2020

Cash halved-plus

approved 2022-03-30; registry 2022-04-21; journal 2022 199443

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET LILLEØY- ANDERSEN AS. Revenue 2.13m NOK → 2.11m NOK (-1.3%). Net result +481.5k NOK → +472.0k NOK. Equity 775.5k NOK → 247.5k NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.13m NOK 2.11m NOK
-1.3%
Operating result
+623.1k NOK +621.3k NOK
-0.3%
Net result
+481.5k NOK +472.0k NOK
-2.0%
Equity
775.5k NOK 247.5k NOK
-68.1%
Cash
476.9k NOK 180.3k NOK
-62.2%
Total assets
355.2k NOK 1.67m NOK
+370.4%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.60× → 3.82×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.13m NOK to 2.11m NOK (-1.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +623.1k NOK → +621.3k NOK (op. margin 29.2% → 29.5%). Calculated

  • ↓

    Equity eroded

    Book equity 775.5k NOK → 247.5k NOK (equity ratio 218.3% → 14.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 476.9k NOK → 180.3k NOK (-62.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 879.8k NOK → 888.3k NOK (41% → 42% of revenue). Calculated