Org.nr 919 424 478 2020 → 2021 Year-over-year analysis

ADVOKAT VERONICA L DRIVSTUEN AS: årsregnskap 2021 vs 2020

Grew 208% on revenue, stronger earnings

approved 2022-04-07; registry 2022-04-28; journal 2022 231278

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKAT VERONICA L DRIVSTUEN AS. Revenue 699.6k NOK → 2.15m NOK (+207.7%). Net result +18.2k NOK → +178.3k NOK. Equity 317.2k NOK → 495.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT VERONICA L DRIVSTUEN AS.

Scorecard

Revenue
699.6k NOK 2.15m NOK
+207.7%
Operating result
+22.3k NOK +219.3k NOK
+882.5%
Net result
+18.2k NOK +178.3k NOK
+879.9%
Equity
317.2k NOK 495.5k NOK
+56.2%
Cash
35.9k NOK 67.9k NOK
+89.4%
Total assets
704.4k NOK 140.6k NOK
-80.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 699.6k NOK to 2.15m NOK (+207.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +22.3k NOK → +219.3k NOK (op. margin 3.2% → 10.2%). Calculated

  • ↑

    Net result improved

    Net result +18.2k NOK → +178.3k NOK (net margin 2.6% → 8.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 317.2k NOK → 495.5k NOK (equity ratio 45.0% → 352.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 35.9k NOK → 67.9k NOK (+89.4% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.82× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.06m NOK → 1.37m NOK (151% → 64% of revenue). Calculated