FirmaIQ
Org.nr 912 714 969 2020 → 2021 Year-over-year analysis

ADVOKAT LARS REINSNOS AS: årsregnskap 2021 vs 2020

Grew 27% on revenue, stronger earnings

approved 2022-04-21; registry 2022-05-02; journal 2022 246345

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT LARS REINSNOS AS. Revenue 3.21m NOK → 4.08m NOK (+27.1%). Net result +1.63m NOK → +2.11m NOK. Equity 2.26m NOK → 2.37m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT LARS REINSNOS AS.

At a glance

Scorecard

Revenue
3.21m NOK 4.08m NOK
+27.1%
Operating result
+1.97m NOK +2.56m NOK
+30.0%
Net result
+1.63m NOK +2.11m NOK
+29.0%
Equity
2.26m NOK 2.37m NOK
+4.7%
Cash
730.5k NOK 710.2k NOK
-2.8%
Total assets
3.53m NOK 5.16m NOK
+46.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.21m NOK to 4.08m NOK (+27.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.97m NOK → +2.56m NOK (op. margin 61.5% → 62.9%). Calculated

  • ↑

    Net result improved

    Net result +1.63m NOK → +2.11m NOK (net margin 50.9% → 51.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.26m NOK → 2.37m NOK (equity ratio 64.1% → 45.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 730.5k NOK → 710.2k NOK (-2.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 604.9k NOK → 631.6k NOK (19% → 15% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 9 882 NOK → 54.5k NOK (+451.3% YoY). Calculated