FirmaIQ
Org.nr 888 997 482 2020 → 2021 Year-over-year analysis

ADVOKAT FINN OVE SMITH AS: årsregnskap 2021 vs 2020

Grew 9% on revenue, stronger earnings

approved 2022-04-25; registry 2022-04-28; journal 2022 234262

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT FINN OVE SMITH AS. Revenue 5.89m NOK → 6.42m NOK (+8.9%). Net result +1.99m NOK → +2.47m NOK. Equity 3.53m NOK → 3.60m NOK.

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

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT FINN OVE SMITH AS.

At a glance

Scorecard

Revenue
5.89m NOK 6.42m NOK
+8.9%
Operating result
+2.57m NOK +3.19m NOK
+24.3%
Net result
+1.99m NOK +2.47m NOK
+24.0%
Equity
3.53m NOK 3.60m NOK
+2.0%
Cash
5.08m NOK 5.20m NOK
+2.3%
Total assets
6.78m NOK 7.37m NOK
+8.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.89m NOK to 6.42m NOK (+8.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.57m NOK → +3.19m NOK (op. margin 43.6% → 49.8%). Calculated

  • ↑

    Net result improved

    Net result +1.99m NOK → +2.47m NOK (net margin 33.8% → 38.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.53m NOK → 3.60m NOK (equity ratio 52.0% → 48.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.08m NOK → 5.20m NOK (+2.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.18m NOK → 2.23m NOK (37% → 35% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 2.5. Reported fact