FirmaIQ
Org.nr 996 400 832 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET LIPPESTAD AS: årsregnskap 2021 vs 2020

Shrank 5% on revenue, weaker earnings

approved 2022-04-29; registry 2022-05-03; journal 2022 250229

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET LIPPESTAD AS. Revenue 16.46m NOK → 15.57m NOK (-5.4%). Net result +669.7k NOK → +23.7k NOK. Equity 2.75m NOK → 3.78m NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET LIPPESTAD AS.

At a glance

Scorecard

Revenue
16.46m NOK 15.57m NOK
-5.4%
Operating result
+880.7k NOK +421.2k NOK
-52.2%
Net result
+669.7k NOK +23.7k NOK
-96.5%
Equity
2.75m NOK 3.78m NOK
+37.2%
Cash
569.3k NOK 477.2k NOK
-16.2%
Total assets
9.04m NOK 9.71m NOK
+7.4%

What improved

  • ↑

    Equity strengthened

    Book equity 2.75m NOK → 3.78m NOK (equity ratio 30.5% → 38.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 8.78m NOK → 7.20m NOK (53% → 46% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 16.46m NOK to 15.57m NOK (-5.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +880.7k NOK → +421.2k NOK (op. margin 5.4% → 2.7%). Calculated

  • ↓

    Net result weakened

    Net result +669.7k NOK → +23.7k NOK (net margin 4.1% → 0.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 569.3k NOK → 477.2k NOK (-16.2% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 15 → 13. Reported fact