FirmaIQ
Org.nr 920 225 276 2020 → 2021 Year-over-year analysis

ADVOKAT SOLHEIM AS: årsregnskap 2021 vs 2020

Grew 12% on revenue, stronger earnings

approved 2022-04-22; registry 2022-05-02; journal 2022 242605

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT SOLHEIM AS. Revenue 1.15m NOK → 1.30m NOK (+12.5%). Net result +707.9k NOK → +881.2k NOK. Equity 1.61m NOK → 1.74m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.15m NOK 1.30m NOK
+12.5%
Operating result
+925.2k NOK +1 130 NOK
-99.9%
Net result
+707.9k NOK +881.2k NOK
+24.5%
Equity
1.61m NOK 1.74m NOK
+8.2%
Cash
1.84m NOK 1.86m NOK
+1.3%
Total assets
1.88m NOK 2.11m NOK
+12.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.15m NOK to 1.30m NOK (+12.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +707.9k NOK → +881.2k NOK (net margin 61.4% → 68.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.61m NOK → 1.74m NOK (equity ratio 85.8% → 82.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.84m NOK → 1.86m NOK (+1.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +925.2k NOK → +1 130 NOK (op. margin 80.3% → 0.1%). Calculated