FirmaIQ
Org.nr 911 554 623 2020 → 2021 Year-over-year analysis

ADVOKAT SCHEI AS: årsregnskap 2021 vs 2020

Grew 152% on revenue, returned to profit

approved 2022-03-28; registry 2022-03-31; journal 2022 175891

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT SCHEI AS. Revenue 325.3k NOK → 818.8k NOK (+151.7%). Net result -153.7k NOK → +91.2k NOK. Equity 47.4k NOK → 138.5k NOK.

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

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

At a glance

Scorecard

Revenue
325.3k NOK 818.8k NOK
+151.7%
Operating result
-156.2k NOK +91.3k NOK
+158.4%
Net result
-153.7k NOK +91.2k NOK
+159.3%
Equity
47.4k NOK 138.5k NOK
+192.5%
Cash
61.0k NOK 124.6k NOK
+104.4%
Total assets
131.3k NOK 271.0k NOK
+106.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 325.3k NOK to 818.8k NOK (+151.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -156.2k NOK → +91.3k NOK (op. margin -48.0% → 11.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 153.7k NOK to a profit of 91.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 47.4k NOK → 138.5k NOK (equity ratio 36.1% → 51.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 61.0k NOK → 124.6k NOK (+104.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 234.8k NOK → 450.4k NOK (72% → 55% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4 236 NOK → 11.1k NOK (+162.8% YoY). Calculated