FirmaIQ
Org.nr 915 624 405 2020 → 2021 Year-over-year analysis

ADVOKAT SIRI ØVSTEBØ AS: årsregnskap 2021 vs 2020

Grew 9% on revenue, returned to profit

approved 2022-05-31; registry 2022-06-04; journal 2022 413052

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT SIRI ØVSTEBØ AS. Revenue 851.6k NOK → 930.5k NOK (+9.3%). Net result -162.0k NOK → +70.2k NOK. Equity 58.9k NOK → 129.1k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
851.6k NOK 930.5k NOK
+9.3%
Operating result
-184.6k NOK +114.2k NOK
+161.8%
Net result
-162.0k NOK +70.2k NOK
+143.3%
Equity
58.9k NOK 129.1k NOK
+119.3%
Cash
1 634 NOK 7 446 NOK
+355.7%
Total assets
533.7k NOK 377.4k NOK
-29.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 851.6k NOK to 930.5k NOK (+9.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -184.6k NOK → +114.2k NOK (op. margin -21.7% → 12.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 162.0k NOK to a profit of 70.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 58.9k NOK → 129.1k NOK (equity ratio 11.0% → 34.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 634 NOK → 7 446 NOK (+355.7% YoY). Calculated