Org.nr 998 580 269 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA ARVE HAAKSTAD AS: årsregnskap 2021 vs 2020

Grew 35% on revenue, stronger earnings

approved 2022-03-07; registry 2022-04-21; journal 2022 197579

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA ARVE HAAKSTAD AS. Revenue 2.66m NOK → 3.59m NOK (+35.0%). Net result +23.9k NOK → +546.9k NOK. Equity 2.82m NOK → 3.37m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA ARVE HAAKSTAD AS.

Scorecard

Revenue
2.66m NOK 3.59m NOK
+35.0%
Operating result
+23.0k NOK +693.1k NOK
+2912.8%
Net result
+23.9k NOK +546.9k NOK
+2188.0%
Equity
2.82m NOK 3.37m NOK
+19.4%
Cash
8 NOK 852.0k NOK
+10650212.5%
Total assets
3.89m NOK 4.70m NOK
+21.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.66m NOK to 3.59m NOK (+35.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +23.0k NOK → +693.1k NOK (op. margin 0.9% → 19.3%). Calculated

  • ↑

    Net result improved

    Net result +23.9k NOK → +546.9k NOK (net margin 0.9% → 15.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.82m NOK → 3.37m NOK (equity ratio 72.6% → 71.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 8 NOK → 852.0k NOK (+10650212.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.80m NOK → 1.88m NOK (68% → 52% of revenue). Calculated