FirmaIQ
Org.nr 911 674 572 2020 → 2021 Year-over-year analysis

ADVISIR AS: årsregnskap 2021 vs 2020

Grew 9% on revenue, weaker earnings

approved 2022-06-16; registry 2022-06-29; journal 2022 529422

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVISIR AS. Revenue 1.41m NOK → 1.54m NOK (+9.1%). Net result +1.17m NOK → +746.0k NOK. Equity 10.83m NOK → 11.58m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVISIR AS.

At a glance

Scorecard

Revenue
1.41m NOK 1.54m NOK
+9.1%
Operating result
+613.1k NOK +722.6k NOK
+17.9%
Net result
+1.17m NOK +746.0k NOK
-36.4%
Equity
10.83m NOK 11.58m NOK
+6.9%
Cash
10.26m NOK 11.31m NOK
+10.2%
Total assets
11.20m NOK 12.05m NOK
+7.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.41m NOK to 1.54m NOK (+9.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +613.1k NOK → +722.6k NOK (op. margin 43.5% → 47.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 10.83m NOK → 11.58m NOK (equity ratio 96.7% → 96.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.26m NOK → 11.31m NOK (+10.2% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +1.17m NOK → +746.0k NOK (net margin 83.2% → 48.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 11.37m NOK → 12.4k NOK. Reported fact