ADVOKATFIRMAET SAASTAD AS: årsregnskap 2021 vs 2020
Shrank 99% on revenue, returned to profit
approved 2022-04-19; registry 2022-05-02; journal 2022 240411
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET SAASTAD AS. Revenue 223.6k NOK → 1 176 NOK (-99.5%). Net result -5 203 NOK → +4.24m NOK. Equity 24.8k NOK → 4.27m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -5 203 NOK → +312.6k NOK (op. margin -2.3% → 26580.4%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 5 203 NOK to a profit of 4.24m NOK. Calculated
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↑
Equity strengthened
Book equity 24.8k NOK → 4.27m NOK (equity ratio 12.6% → 958.1%). Calculated
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Cash rose
Bank deposits 152.2k NOK → 249.0k NOK (+63.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 223.6k NOK to 1 176 NOK (-99.5% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 159 NOK → 666.3k NOK (1% → 56660% of revenue). Calculated