Org.nr 988 815 470 2020 → 2021 Year-over-year analysis

ADVOKAT GEIR HEGLE AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-05-27; registry 2022-06-09; journal 2022 434743

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT GEIR HEGLE AS. Net result +107.2k NOK → +6.84m NOK. Equity 430.1k NOK → 170.0k NOK.

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

Net constructive year on the published lines.

Scorecard

Operating result
-20.2k NOK -19.7k NOK
+2.5%
Net result
+107.2k NOK +6.84m NOK
+6280.7%
Equity
430.1k NOK 170.0k NOK
-60.5%
Cash
55.0k NOK 6.87m NOK
+12401.4%
Total assets
555.0k NOK 874.1k NOK
+57.5%

What improved

  • ↑

    Operating result improved

    Operating result -20.2k NOK → -19.7k NOK. Calculated

  • ↑

    Net result improved

    Net result +107.2k NOK → +6.84m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 55.0k NOK → 6.87m NOK (+12401.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.44× → 9.76×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 430.1k NOK → 170.0k NOK (equity ratio 77.5% → 19.4%). Calculated