Org.nr 980 592 413 2020 → 2021 Year-over-year analysis

ADVOKAT BJØRN L G BRAATHEN AS: årsregnskap 2021 vs 2020

Grew 82% on revenue, stronger earnings

approved 2022-04-26; registry 2022-05-14; journal 2022 292016

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT BJØRN L G BRAATHEN AS. Revenue 150.5k NOK → 274.1k NOK (+82.2%). Net result +22.5k NOK → +54.1k NOK. Equity 223.6k NOK → 277.7k 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 ADVOKAT BJØRN L G BRAATHEN AS.

Scorecard

Revenue
150.5k NOK 274.1k NOK
+82.2%
Operating result
+17.6k NOK +50.6k NOK
+188.2%
Net result
+22.5k NOK +54.1k NOK
+140.9%
Equity
223.6k NOK 277.7k NOK
+24.2%
Cash
346.6k NOK 312.9k NOK
-9.7%
Total assets
415.0k NOK 457.5k NOK
+10.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 150.5k NOK to 274.1k NOK (+82.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +17.6k NOK → +50.6k NOK (op. margin 11.7% → 18.5%). Calculated

  • ↑

    Net result improved

    Net result +22.5k NOK → +54.1k NOK (net margin 14.9% → 19.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 223.6k NOK → 277.7k NOK (equity ratio 53.9% → 60.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 346.6k NOK → 312.9k NOK (-9.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 17.0k NOK → 85.2k NOK (+400.4% YoY). Calculated