Org.nr 924 824 379 2020 → 2021 Year-over-year analysis

ADVOKATHUSET LAKSELV AS: årsregnskap 2021 vs 2020

Grew 9% on revenue

approved 2022-05-06; registry 2022-05-09; journal 2022 273256

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATHUSET LAKSELV AS. Revenue 6.10m NOK → 6.66m NOK (+9.2%). Net result +863.3k NOK → +898.8k NOK. Equity 878.3k NOK → 62.0k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATHUSET LAKSELV AS.

Scorecard

Revenue
6.10m NOK 6.66m NOK
+9.2%
Operating result
+1.27m NOK +1.03m NOK
-19.4%
Net result
+863.3k NOK +898.8k NOK
+4.1%
Equity
878.3k NOK 62.0k NOK
-92.9%
Cash
474.7k NOK 290.0k NOK
-38.9%
Total assets
7.07m NOK 4.91m NOK
-30.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.10m NOK to 6.66m NOK (+9.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.27m NOK → +1.03m NOK (op. margin 20.9% → 15.4%). Calculated

  • ↓

    Equity eroded

    Book equity 878.3k NOK → 62.0k NOK (equity ratio 12.4% → 1.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 474.7k NOK → 290.0k NOK (-38.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 2 450 NOK → 3.16m NOK (0% → 47% of revenue). Calculated