ADVOKATFIRMAET MONCLAIR AS: årsregnskap 2021 vs 2020
Shrank 29% on revenue, weaker earnings, cash halved-plus
approved 2022-04-29; registry 2022-05-02; journal 2022 248339
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET MONCLAIR AS. Revenue 4.28m NOK → 3.05m NOK (-28.7%). Net result +2.04m NOK → +1.30m NOK. Equity 12.16m NOK → 10.25m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET MONCLAIR AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 1.63m NOK → 1.32m NOK (38% → 43% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.28m NOK to 3.05m NOK (-28.7% YoY). Calculated
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↓
Operating result weakened
Operating result +2.02m NOK → +1.06m NOK (op. margin 47.2% → 34.9%). Calculated
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↓
Net result weakened
Net result +2.04m NOK → +1.30m NOK (net margin 47.7% → 42.5%). Calculated
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↓
Equity eroded
Book equity 12.16m NOK → 10.25m NOK (equity ratio 89.8% → 84.4%). Calculated
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↓
Cash fell
Bank deposits 3.81m NOK → 1.34m NOK (-64.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.81m NOK → 1.34m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 1.14m NOK → 162.5k NOK. Reported fact