Org.nr 987 898 135 2020 → 2021 Year-over-year analysis

ADVOKATENE PÅ NORDSTRAND AS: årsregnskap 2021 vs 2020

Grew 34% on revenue, stronger earnings

approved 2022-03-16; registry 2022-03-23; journal 2022 161353

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATENE PÅ NORDSTRAND AS. Revenue 2.89m NOK → 3.86m NOK (+33.7%). Net result +515.7k NOK → +1.02m NOK. Equity 1.93m NOK → 2.34m NOK.

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

Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATENE PÅ NORDSTRAND AS.

Scorecard

Revenue
2.89m NOK 3.86m NOK
+33.7%
Operating result
+656.6k NOK +306.7k NOK
-53.3%
Net result
+515.7k NOK +1.02m NOK
+98.2%
Equity
1.93m NOK 2.34m NOK
+21.3%
Cash
2.04m NOK 2.26m NOK
+10.7%
Total assets
2.52m NOK 3.01m NOK
+19.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.89m NOK to 3.86m NOK (+33.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +515.7k NOK → +1.02m NOK (net margin 17.9% → 26.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.93m NOK → 2.34m NOK (equity ratio 76.5% → 77.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.04m NOK → 2.26m NOK (+10.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +656.6k NOK → +306.7k NOK (op. margin 22.7% → 7.9%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 4110.61× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.31m NOK → 1.72m NOK (45% → 44% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 156.1k NOK → 219.4k NOK (+40.5% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 2.5. Reported fact