ADVOKAT ANDERS STUB SØTORP AS: årsregnskap 2021 vs 2020
Grew 29% on revenue, stronger earnings
registry 2022-04-07; journal 2022 193547
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT ANDERS STUB SØTORP AS. Revenue 2.29m NOK → 2.95m NOK (+28.8%). Net result +439.0k NOK → +741.1k NOK. Equity 10.18m NOK → 224.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT ANDERS STUB SØTORP AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.29m NOK to 2.95m NOK (+28.8% YoY). Calculated
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Operating result improved
Operating result +564.9k NOK → +938.2k NOK (op. margin 24.7% → 31.8%). Calculated
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Net result improved
Net result +439.0k NOK → +741.1k NOK (net margin 19.2% → 25.1%). Calculated
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Cash rose
Bank deposits 429.0k NOK → 605.1k NOK (+41.1% YoY). Calculated
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Payroll decreased
Salary cost 3.10m NOK → 1.14m NOK (135% → 39% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 10.18m NOK → 224.5k NOK (equity ratio 1066.8% → 23.6%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 13.45m NOK → 94.3k NOK (-99.3% YoY). Calculated