FirmaIQ
Org.nr 920 720 463 2020 → 2021 Year-over-year analysis

ADVOKAT ØYSTEIN HJELMESET AS: årsregnskap 2021 vs 2020

Grew 21% on revenue, returned to profit

approved 2022-03-10; registry 2022-04-27; journal 2022 229857

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT ØYSTEIN HJELMESET AS. Revenue 1.30m NOK → 1.57m NOK (+21.0%). Net result -143.2k NOK → +163.5k NOK. Equity 21.1k NOK → 184.5k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.30m NOK 1.57m NOK
+21.0%
Operating result
-183.4k NOK +208.9k NOK
+213.9%
Net result
-143.2k NOK +163.5k NOK
+214.1%
Equity
21.1k NOK 184.5k NOK
+776.5%
Cash
111.3k NOK 151.9k NOK
+36.5%
Total assets
274.7k NOK 411.4k NOK
+49.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.30m NOK to 1.57m NOK (+21.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -183.4k NOK → +208.9k NOK (op. margin -14.1% → 13.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 143.2k NOK to a profit of 163.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 21.1k NOK → 184.5k NOK (equity ratio 7.7% → 44.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 111.3k NOK → 151.9k NOK (+36.5% YoY). Calculated