Org.nr 923 434 380 2020 → 2021 Year-over-year analysis

ADVOKAT NILS MUGAAS AS: årsregnskap 2021 vs 2020

Grew 247% on revenue, stronger earnings

approved 2022-04-21; registry 2022-04-25; journal 2022 217290

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT NILS MUGAAS AS. Revenue 652.1k NOK → 2.26m NOK (+247.0%). Net result +418.7k NOK → +794.6k NOK. Equity 569.2k NOK → 913.8k NOK.

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

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

Scorecard

Revenue
652.1k NOK 2.26m NOK
+247.0%
Operating result
+539.9k NOK +18.6k NOK
-96.6%
Net result
+418.7k NOK +794.6k NOK
+89.8%
Equity
569.2k NOK 913.8k NOK
+60.5%
Cash
30.1k NOK 403.8k NOK
+1240.5%
Total assets
172.5k NOK 1.36m NOK
+690.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 652.1k NOK to 2.26m NOK (+247.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +418.7k NOK → +794.6k NOK (net margin 64.2% → 35.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 569.2k NOK → 913.8k NOK (equity ratio 330.0% → 67.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 30.1k NOK → 403.8k NOK (+1240.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +539.9k NOK → +18.6k NOK (op. margin 82.8% → 0.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 763.0k NOK → 809.1k NOK (117% → 36% of revenue). Calculated