FirmaIQ
Org.nr 989 972 413 2020 → 2021 Year-over-year analysis

ADVOKAT HARALD HEGGEN BRØRBY AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-04-20; registry 2022-04-23; journal 2022 216459

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT HARALD HEGGEN BRØRBY AS. Revenue 4.94m NOK → 4.75m NOK (-3.9%). Net result +546.9k NOK → +1.17m NOK. Equity 345.8k NOK → 261.7k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
4.94m NOK 4.75m NOK
-3.9%
Operating result
+2.00m NOK +1.50m NOK
-25.1%
Net result
+546.9k NOK +1.17m NOK
+113.2%
Equity
345.8k NOK 261.7k NOK
-24.3%
Cash
2.85m NOK 5.61m NOK
+96.4%
Total assets
4.85m NOK 2.96m NOK
-38.9%

What improved

  • ↑

    Net result improved

    Net result +546.9k NOK → +1.17m NOK (net margin 11.1% → 24.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.85m NOK → 5.61m NOK (+96.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.94m NOK to 4.75m NOK (-3.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.00m NOK → +1.50m NOK (op. margin 40.5% → 31.6%). Calculated

  • ↓

    Equity eroded

    Book equity 345.8k NOK → 261.7k NOK (equity ratio 7.1% → 8.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.86m NOK → 2.11m NOK (38% → 44% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 25.8k NOK → 35.0k NOK (+35.6% YoY). Calculated