FirmaIQ
Org.nr 919 460 423 2020 → 2021 Year-over-year analysis

ADVOKATEN AS: årsregnskap 2021 vs 2020

Grew 69% on revenue, stronger earnings

approved 2022-05-18; registry 2022-06-28; journal 2022 512819

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATEN AS. Revenue 523.9k NOK → 883.4k NOK (+68.6%). Net result +43.6k NOK → +400.6k NOK. Equity 114.4k NOK → 523.7k NOK.

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

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATEN AS.

At a glance

Scorecard

Revenue
523.9k NOK 883.4k NOK
+68.6%
Operating result
+57.9k NOK +511.1k NOK
+783.4%
Net result
+43.6k NOK +400.6k NOK
+818.4%
Equity
114.4k NOK 523.7k NOK
+357.9%
Cash
143.5k NOK 845.0k NOK
+488.7%
Total assets
143.5k NOK 845.0k NOK
+488.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 523.9k NOK to 883.4k NOK (+68.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +57.9k NOK → +511.1k NOK (op. margin 11.0% → 57.9%). Calculated

  • ↑

    Net result improved

    Net result +43.6k NOK → +400.6k NOK (net margin 8.3% → 45.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 114.4k NOK → 523.7k NOK (equity ratio 79.7% → 62.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 143.5k NOK → 845.0k NOK (+488.7% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 114.4k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation