Org.nr 998 315 298 2020 → 2021 Year-over-year analysis

ADVOKAT MONA HOLMEDAL AS: årsregnskap 2021 vs 2020

Grew 21% on revenue, stronger earnings

approved 2022-01-26; registry 2022-01-31; journal 2022 110733

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT MONA HOLMEDAL AS. Revenue 1.99m NOK → 2.41m NOK (+21.0%). Net result +310.6k NOK → +738.0k NOK. Equity 1 138 NOK → 7.78m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT MONA HOLMEDAL AS.

Scorecard

Revenue
1.99m NOK 2.41m NOK
+21.0%
Operating result
+394.7k NOK +943.9k NOK
+139.1%
Net result
+310.6k NOK +738.0k NOK
+137.6%
Equity
1 138 NOK 7.78m NOK
+683222.3%
Cash
1.26m NOK 1.57m NOK
+24.9%
Total assets
1.42m NOK 1.64m NOK
+15.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.99m NOK to 2.41m NOK (+21.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +394.7k NOK → +943.9k NOK (op. margin 19.8% → 39.2%). Calculated

  • ↑

    Net result improved

    Net result +310.6k NOK → +738.0k NOK (net margin 15.6% → 30.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 1 138 NOK → 7.78m NOK (equity ratio 0.1% → 473.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.26m NOK → 1.57m NOK (+24.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.06m NOK → 2.91m NOK (53% → 121% of revenue). Calculated