FirmaIQ
Org.nr 989 187 562 2020 → 2021 Year-over-year analysis

ADVOKAT JØRN EIKANGER AS: årsregnskap 2021 vs 2020

Grew 16% on revenue

approved 2022-04-30; registry 2022-05-03; journal 2022 250267

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT JØRN EIKANGER AS. Revenue 3.03m NOK → 3.51m NOK (+16.0%). Net result +1.23m NOK → +1.36m NOK. Equity 359.8k NOK → 439.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
3.03m NOK 3.51m NOK
+16.0%
Operating result
+1.57m NOK +1.74m NOK
+10.9%
Net result
+1.23m NOK +1.36m NOK
+9.9%
Equity
359.8k NOK 439.1k NOK
+22.0%
Cash
633.8k NOK 1.38m NOK
+117.2%
Total assets
2.14m NOK 2.28m NOK
+6.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.03m NOK to 3.51m NOK (+16.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.57m NOK → +1.74m NOK (op. margin 51.8% → 49.5%). Calculated

  • ↑

    Net result improved

    Net result +1.23m NOK → +1.36m NOK (net margin 40.8% → 38.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 359.8k NOK → 439.1k NOK (equity ratio 16.8% → 19.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 633.8k NOK → 1.38m NOK (+117.2% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.11× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated