FirmaIQ
Org.nr 914 948 320 2020 → 2021 Year-over-year analysis

ADVOKAT TOVE NISSEN-SOLLIE AS: årsregnskap 2021 vs 2020

Grew 20% on revenue, stronger earnings

approved 2022-04-19; registry 2022-04-23; journal 2022 212108

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT TOVE NISSEN-SOLLIE AS. Revenue 1.49m NOK → 1.79m NOK (+20.1%). Net result +217.4k NOK → +264.2k NOK. Equity 785.6k NOK → 1.05m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.49m NOK 1.79m NOK
+20.1%
Operating result
+278.9k NOK +339.5k NOK
+21.7%
Net result
+217.4k NOK +264.2k NOK
+21.5%
Equity
785.6k NOK 1.05m NOK
+33.6%
Cash
126.7k NOK 86.8k NOK
-31.5%
Total assets
1 157 NOK 1.46m NOK
+126126.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.49m NOK to 1.79m NOK (+20.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +278.9k NOK → +339.5k NOK (op. margin 18.8% → 19.0%). Calculated

  • ↑

    Net result improved

    Net result +217.4k NOK → +264.2k NOK (net margin 14.6% → 14.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 785.6k NOK → 1.05m NOK (equity ratio 67896.0% → 71.9%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.47× → 3.47×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 126.7k NOK → 86.8k NOK (-31.5% YoY). Calculated