ADVOKAT AABAK AS: årsregnskap 2021 vs 2020
Grew 69% on revenue, stronger earnings
approved 2022-04-26; registry 2022-04-28; journal 2022 231552
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT AABAK AS. Revenue 900.0k NOK → 1.52m NOK (+68.6%). Net result +103.4k NOK → +307.8k NOK. Equity 214.3k NOK → 522.1k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT AABAK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 900.0k NOK to 1.52m NOK (+68.6% YoY). Calculated
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↑
Net result improved
Net result +103.4k NOK → +307.8k NOK (net margin 11.5% → 20.3%). Calculated
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↑
Equity strengthened
Book equity 214.3k NOK → 522.1k NOK (equity ratio 214.0% → 50.9%). Calculated
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Cash rose
Bank deposits 28.3k NOK → 254.0k NOK (+798.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.77× → 1.12×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +136.4k NOK → +117.2k NOK (op. margin 15.2% → 7.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.45m NOK → 3.00m NOK (161% → 198% of revenue). Calculated