Org.nr 912 676 951 2020 → 2021 Year-over-year analysis

ADVOKATENE I VALDRES AS: årsregnskap 2021 vs 2020

Grew 368% on revenue, returned to profit

approved 2022-05-28; registry 2022-07-30; journal 2022 806948

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATENE I VALDRES AS. Revenue 50.0k NOK → 234.0k NOK (+368.0%). Net result -6 021 NOK → +11.4k NOK. Equity -5 279 NOK → 6 129 NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
50.0k NOK 234.0k NOK
+368.0%
Operating result
-6 025 NOK +11.8k NOK
+295.7%
Net result
-6 021 NOK +11.4k NOK
+289.5%
Equity
-5 279 NOK 6 129 NOK
+216.1%
Cash
4 965 NOK 2 934 NOK
-40.9%
Total assets
11.2k NOK 35.4k NOK
+216.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 50.0k NOK to 234.0k NOK (+368.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -6 025 NOK → +11.8k NOK (op. margin -12.0% → 5.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 6 021 NOK to a profit of 11.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -5 279 NOK → 6 129 NOK (equity ratio -47.1% → 17.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.68× → 1.21×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 4 965 NOK → 2 934 NOK (-40.9% YoY). Calculated