ADVOKATFIRMAET MELAND AS: årsregnskap 2021 vs 2020
Grew 9% on revenue, weaker earnings, cash halved-plus
approved 2022-04-29; registry 2022-05-03; journal 2022 250011
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET MELAND AS. Revenue 6.44m NOK → 6.98m NOK (+8.5%). Net result +546.5k NOK → +26.1k NOK. Equity 1.32m NOK → 2.35m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET MELAND AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.44m NOK to 6.98m NOK (+8.5% YoY). Calculated
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Equity strengthened
Book equity 1.32m NOK → 2.35m NOK (equity ratio 21.8% → 39.9%). Calculated
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Payroll decreased
Salary cost 3.76m NOK → 3.25m NOK (58% → 47% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +802.7k NOK → +264.6k NOK (op. margin 12.5% → 3.8%). Calculated
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↓
Net result weakened
Net result +546.5k NOK → +26.1k NOK (net margin 8.5% → 0.4%). Calculated
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↓
Cash fell
Bank deposits 569.0k NOK → 144.3k NOK (-74.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 438.8k NOK → 173.3k NOK (-60.5% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 4 → 5. Reported fact