FirmaIQ
Org.nr 986 395 253 2020 → 2021 Year-over-year analysis

ADVOKAT IVAR BLIKRA AS: årsregnskap 2021 vs 2020

Grew 6% on revenue, stronger earnings, cash halved-plus

approved 2022-04-28; registry 2022-05-02; journal 2022 243585

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT IVAR BLIKRA AS. Revenue 1.86m NOK → 1.97m NOK (+5.7%). Net result +634.5k NOK → +1.29m NOK. Equity 5.25m NOK → 4.54m NOK.

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADVOKAT IVAR BLIKRA AS.

At a glance

Scorecard

Revenue
1.86m NOK 1.97m NOK
+5.7%
Operating result
-40.3k NOK +319.2k NOK
+892.5%
Net result
+634.5k NOK +1.29m NOK
+103.3%
Equity
5.25m NOK 4.54m NOK
-13.5%
Cash
1.85m NOK 32.7k NOK
-98.2%
Total assets
5.72m NOK 6.29m NOK
+10.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.86m NOK to 1.97m NOK (+5.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -40.3k NOK → +319.2k NOK (op. margin -2.2% → 16.2%). Calculated

  • ↑

    Net result improved

    Net result +634.5k NOK → +1.29m NOK (net margin 34.1% → 65.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.43m NOK → 1.33m NOK (77% → 68% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 5.25m NOK → 4.54m NOK (equity ratio 91.8% → 72.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.85m NOK → 32.7k NOK (-98.2% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.85m NOK → 32.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation