FirmaIQ
Org.nr 992 851 171 2020 → 2021 Year-over-year analysis

ADVOKATENE BJØRBÆK AS: årsregnskap 2021 vs 2020

Grew 9% on revenue, stronger earnings

approved 2022-03-10; registry 2022-03-16; journal 2022 149014

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATENE BJØRBÆK AS. Revenue 3.65m NOK → 3.97m NOK (+8.9%). Net result +596.4k NOK → +777.8k NOK. Equity 948.5k NOK → 1.25m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATENE BJØRBÆK AS.

At a glance

Scorecard

Revenue
3.65m NOK 3.97m NOK
+8.9%
Operating result
+764.8k NOK +996.5k NOK
+30.3%
Net result
+596.4k NOK +777.8k NOK
+30.4%
Equity
948.5k NOK 1.25m NOK
+31.4%
Cash
631.9k NOK 530.6k NOK
-16.0%
Total assets
1.70m NOK 2.02m NOK
+19.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.65m NOK to 3.97m NOK (+8.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +764.8k NOK → +996.5k NOK (op. margin 21.0% → 25.1%). Calculated

  • ↑

    Net result improved

    Net result +596.4k NOK → +777.8k NOK (net margin 16.3% → 19.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 948.5k NOK → 1.25m NOK (equity ratio 55.8% → 61.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 631.9k NOK → 530.6k NOK (-16.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.13m NOK → 2.19m NOK (58% → 55% of revenue). Calculated