FirmaIQ
Org.nr 913 516 850 2020 → 2021 Year-over-year analysis

ADVOKAT ERIK MØRCH AS: årsregnskap 2021 vs 2020

Grew 32% on revenue, stronger earnings

approved 2022-04-20; registry 2022-04-27; journal 2022 227957

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT ERIK MØRCH AS. Revenue 214.1k NOK → 281.5k NOK (+31.5%). Net result +31.9k NOK → +66.9k NOK. Equity 61.9k NOK → 128.8k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT ERIK MØRCH AS.

At a glance

Scorecard

Revenue
214.1k NOK 281.5k NOK
+31.5%
Operating result
+40.6k NOK +89.5k NOK
+120.2%
Net result
+31.9k NOK +66.9k NOK
+110.0%
Equity
61.9k NOK 128.8k NOK
+108.2%
Cash
39.4k NOK 198.2k NOK
+403.4%
Total assets
100.6k NOK 198.2k NOK
+97.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 214.1k NOK to 281.5k NOK (+31.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +40.6k NOK → +89.5k NOK (op. margin 19.0% → 31.8%). Calculated

  • ↑

    Net result improved

    Net result +31.9k NOK → +66.9k NOK (net margin 14.9% → 23.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 61.9k NOK → 128.8k NOK (equity ratio 61.5% → 65.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 39.4k NOK → 198.2k NOK (+403.4% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 0.3. Reported fact