Org.nr 925 535 036 2020 → 2021 Year-over-year analysis

ADVOKAT TRYGVE ERIKSEN AS: årsregnskap 2021 vs 2020

Grew 2285% on revenue, weaker earnings

approved 2022-04-10; registry 2022-04-25; journal 2022 219150

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT TRYGVE ERIKSEN AS. Revenue 81.8k NOK → 1.95m NOK (+2285.4%). Net result +57.1k NOK → +21.8k NOK. Equity 87.1k NOK → 1.11m NOK.

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

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT TRYGVE ERIKSEN AS.

Scorecard

Revenue
81.8k NOK 1.95m NOK
+2285.4%
Operating result
+73.2k NOK +27.7k NOK
-62.1%
Net result
+57.1k NOK +21.8k NOK
-61.8%
Equity
87.1k NOK 1.11m NOK
+1173.1%
Cash
5 848 NOK 437.6k NOK
+7383.5%
Total assets
106.0k NOK 559.1k NOK
+427.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 81.8k NOK to 1.95m NOK (+2285.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 87.1k NOK → 1.11m NOK (equity ratio 82.2% → 198.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 5 848 NOK → 437.6k NOK (+7383.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +73.2k NOK → +27.7k NOK (op. margin 89.5% → 1.4%). Calculated

  • ↓

    Net result weakened

    Net result +57.1k NOK → +21.8k NOK (net margin 69.8% → 1.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 20 NOK → 1.69m NOK (0% → 87% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact