Org.nr 925 118 702 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET LINDSETH AS: årsregnskap 2021 vs 2020

Grew 98456% on revenue, weaker earnings, cash halved-plus

approved 2022-02-16; registry 2022-03-08; journal 2022 137355

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET LINDSETH AS. Revenue 3 272 NOK → 3.22m NOK (+98455.9%). Net result +2.54m NOK → +1.60m NOK. Equity 2.63m NOK → 3.24m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
3 272 NOK 3.22m NOK
+98455.9%
Operating result
+3.25m NOK +2.06m NOK
-36.7%
Net result
+2.54m NOK +1.60m NOK
-36.7%
Equity
2.63m NOK 3.24m NOK
+23.0%
Cash
664.5k NOK 289.9k NOK
-56.4%
Total assets
4.19m NOK 4.13m NOK
-1.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3 272 NOK to 3.22m NOK (+98455.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.63m NOK → 3.24m NOK (equity ratio 62.8% → 78.4%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3.25m NOK → +2.06m NOK (op. margin 99327.0% → 63.8%). Calculated

  • ↓

    Net result weakened

    Net result +2.54m NOK → +1.60m NOK (net margin 77512.6% → 49.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 664.5k NOK → 289.9k NOK (-56.4% YoY). Calculated