FirmaIQ
Org.nr 988 518 557 2020 → 2021 Year-over-year analysis

ADVOKAT IVAR HUSTAD AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-06-23; registry 2022-06-29; journal 2022 551289

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT IVAR HUSTAD AS. Revenue 116.4k NOK → 116.4k NOK (0.0%). Net result +102.6k NOK → +170.3k NOK. Equity 6.82m NOK → 4.99m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT IVAR HUSTAD AS.

At a glance

Scorecard

Revenue
116.4k NOK 116.4k NOK
0.0%
Operating result
+55.6k NOK +52.7k NOK
-5.3%
Net result
+102.6k NOK +170.3k NOK
+66.1%
Equity
6.82m NOK 4.99m NOK
-26.8%
Cash
2.08m NOK 2.16m NOK
+4.1%
Total assets
6.99m NOK 7.56m NOK
+8.1%

What improved

  • ↑

    Net result improved

    Net result +102.6k NOK → +170.3k NOK (net margin 88.1% → 146.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.08m NOK → 2.16m NOK (+4.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +55.6k NOK → +52.7k NOK (op. margin 47.8% → 45.3%). Calculated

  • ↓

    Equity eroded

    Book equity 6.82m NOK → 4.99m NOK (equity ratio 97.6% → 66.0%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 55.0k NOK → 848.0k NOK. Reported fact