FirmaIQ
Org.nr 914 622 042 2020 → 2021 Year-over-year analysis

ADVOKATENE ENOKSEN & STEIRO AS: årsregnskap 2021 vs 2020

Grew 12% on revenue, stronger earnings

approved 2022-04-01; registry 2022-04-06; journal 2022 189374

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATENE ENOKSEN & STEIRO AS. Revenue 6.90m NOK → 7.70m NOK (+11.5%). Net result +764.1k NOK → +927.5k NOK. Equity 3.84m NOK → 3.97m NOK.

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

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

At a glance

Scorecard

Revenue
6.90m NOK 7.70m NOK
+11.5%
Operating result
+978.6k NOK +1 190 NOK
-99.9%
Net result
+764.1k NOK +927.5k NOK
+21.4%
Equity
3.84m NOK 3.97m NOK
+3.3%
Cash
1.42m NOK n/m
—
Total assets
5.23m NOK 6.57m NOK
+25.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.90m NOK to 7.70m NOK (+11.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +764.1k NOK → +927.5k NOK (net margin 11.1% → 12.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.84m NOK → 3.97m NOK (equity ratio 73.4% → 60.4%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +978.6k NOK → +1 190 NOK (op. margin 14.2% → 0.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.82m NOK → 5.25m NOK (70% → 68% of revenue). Calculated