FirmaIQ
Org.nr 916 339 542 2020 → 2021 Year-over-year analysis

ADVOKAT ESPEN SIMONSEN AS: årsregnskap 2021 vs 2020

Grew 8% on revenue, stronger earnings

approved 2022-03-07; registry 2022-03-16; journal 2022 149078

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT ESPEN SIMONSEN AS. Revenue 2.82m NOK → 3.04m NOK (+7.9%). Net result +167.7k NOK → +241.7k NOK. Equity 1.32m NOK → 1.36m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT ESPEN SIMONSEN AS.

At a glance

Scorecard

Revenue
2.82m NOK 3.04m NOK
+7.9%
Operating result
+212.8k NOK +310.2k NOK
+45.7%
Net result
+167.7k NOK +241.7k NOK
+44.1%
Equity
1.32m NOK 1.36m NOK
+3.2%
Cash
70.8k NOK 1.03m NOK
+1347.9%
Total assets
2.28m NOK 2.28m NOK
+0.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.82m NOK to 3.04m NOK (+7.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +212.8k NOK → +310.2k NOK (op. margin 7.5% → 10.2%). Calculated

  • ↑

    Net result improved

    Net result +167.7k NOK → +241.7k NOK (net margin 5.9% → 7.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.32m NOK → 1.36m NOK (equity ratio 58.0% → 59.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 70.8k NOK → 1.03m NOK (+1347.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.04m NOK → 2.13m NOK (72% → 70% of revenue). Calculated