FirmaIQ
Org.nr 989 227 106 2020 → 2021 Year-over-year analysis

ADVOKAT EIVIND KOGSTAD HOLDING AS: årsregnskap 2021 vs 2020

Grew 42% on revenue, stronger earnings

approved 2022-06-30; registry 2022-08-17; journal 2022 898446

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT EIVIND KOGSTAD HOLDING AS. Revenue 130.7k NOK → 185.4k NOK (+41.9%). Net result +110.0k NOK → +405.3k NOK. Equity 6.94m NOK → 544.6k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT EIVIND KOGSTAD HOLDING AS.

At a glance

Scorecard

Revenue
130.7k NOK 185.4k NOK
+41.9%
Operating result
-89.4k NOK -50.3k NOK
+43.7%
Net result
+110.0k NOK +405.3k NOK
+268.4%
Equity
6.94m NOK 544.6k NOK
-92.2%
Cash
174.4k NOK 708.9k NOK
+306.4%
Total assets
7.05m NOK 6.80m NOK
-3.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 130.7k NOK to 185.4k NOK (+41.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -89.4k NOK → -50.3k NOK (op. margin -68.4% → -27.1%). Calculated

  • ↑

    Net result improved

    Net result +110.0k NOK → +405.3k NOK (net margin 84.2% → 218.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 174.4k NOK → 708.9k NOK (+306.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 6.94m NOK → 544.6k NOK (equity ratio 98.4% → 8.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation