ADVOKATFIRMAET LINDSTRØM AS: årsregnskap 2021 vs 2020
Grew 23% on revenue, stronger earnings, cash halved-plus
approved 2022-04-28; registry 2022-05-02; journal 2022 246541
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET LINDSTRØM AS. Revenue 2.55m NOK → 3.15m NOK (+23.4%). Net result +101.6k NOK → +408.1k NOK. Equity 974.2k NOK → 382.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET LINDSTRØM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.55m NOK to 3.15m NOK (+23.4% YoY). Calculated
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↑
Operating result improved
Operating result +129.3k NOK → +522.9k NOK (op. margin 5.1% → 16.6%). Calculated
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↑
Net result improved
Net result +101.6k NOK → +408.1k NOK (net margin 4.0% → 13.0%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 974.2k NOK → 382.3k NOK (equity ratio 55.7% → 16.1%). Calculated
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↓
Cash fell
Bank deposits 819.2k NOK → 298.8k NOK (-63.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.78m NOK → 2.02m NOK (70% → 64% of revenue). Calculated