FirmaIQ
Org.nr 913 884 760 2020 → 2021 Year-over-year analysis

ADVOKAT TOR RIKARD EVENSEN AS: årsregnskap 2021 vs 2020

Grew 15% on revenue, stronger earnings

approved 2022-04-28; registry 2022-05-02; journal 2022 245637

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT TOR RIKARD EVENSEN AS. Revenue 2.51m NOK → 2.89m NOK (+15.1%). Net result +393.2k NOK → +579.0k NOK. Equity 681.4k NOK → 860.4k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT TOR RIKARD EVENSEN AS.

At a glance

Scorecard

Revenue
2.51m NOK 2.89m NOK
+15.1%
Operating result
+504.6k NOK +742.6k NOK
+47.2%
Net result
+393.2k NOK +579.0k NOK
+47.2%
Equity
681.4k NOK 860.4k NOK
+26.3%
Cash
153.6k NOK 637.2k NOK
+314.9%
Total assets
1.91m NOK 1.47m NOK
-23.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.51m NOK to 2.89m NOK (+15.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +504.6k NOK → +742.6k NOK (op. margin 20.1% → 25.7%). Calculated

  • ↑

    Net result improved

    Net result +393.2k NOK → +579.0k NOK (net margin 15.6% → 20.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 681.4k NOK → 860.4k NOK (equity ratio 35.7% → 58.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 153.6k NOK → 637.2k NOK (+314.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.63m NOK → 1.73m NOK (65% → 60% of revenue). Calculated