FirmaIQ
Org.nr 998 367 549 2020 → 2021 Year-over-year analysis

ADVISE REKLAMEBYRÅ AS: årsregnskap 2021 vs 2020

Grew 56% on revenue, stronger earnings

approved 2022-04-05; registry 2022-04-09; journal 2022 194636

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVISE REKLAMEBYRÅ AS. Revenue 217.4k NOK → 338.7k NOK (+55.8%). Net result +113.0k NOK → +160.0k NOK. Equity 601.9k NOK → 761.8k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVISE REKLAMEBYRÅ AS.

At a glance

Scorecard

Revenue
217.4k NOK 338.7k NOK
+55.8%
Operating result
+99.5k NOK +208.5k NOK
+109.5%
Net result
+113.0k NOK +160.0k NOK
+41.6%
Equity
601.9k NOK 761.8k NOK
+26.6%
Cash
726.1k NOK 463.0k NOK
-36.2%
Total assets
1.40m NOK 1.52m NOK
+8.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 217.4k NOK to 338.7k NOK (+55.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +99.5k NOK → +208.5k NOK (op. margin 45.8% → 61.6%). Calculated

  • ↑

    Net result improved

    Net result +113.0k NOK → +160.0k NOK (net margin 51.9% → 47.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 601.9k NOK → 761.8k NOK (equity ratio 43.0% → 50.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 726.1k NOK → 463.0k NOK (-36.2% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 19.7k NOK → 30.6k NOK (+55.1% YoY). Calculated