FirmaIQ
Org.nr 988 186 678 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA EUROJURIS NORD AS: årsregnskap 2021 vs 2020

Grew 10% on revenue, stronger earnings, fresh owner capital

approved 2022-04-27; registry 2022-04-30; journal 2022 236815

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA EUROJURIS NORD AS. Revenue 15.16m NOK → 16.75m NOK (+10.5%). Net result +8 732 NOK → +3.80m NOK. Equity 6.24m NOK → 4.79m NOK.

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

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

At a glance

Scorecard

Revenue
15.16m NOK 16.75m NOK
+10.5%
Operating result
+728.8k NOK +4.86m NOK
+566.7%
Net result
+8 732 NOK +3.80m NOK
+43473.6%
Equity
6.24m NOK 4.79m NOK
-23.2%
Cash
4.31m NOK 6.78m NOK
+57.4%
Total assets
9.67m NOK 11.87m NOK
+22.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.16m NOK to 16.75m NOK (+10.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +728.8k NOK → +4.86m NOK (op. margin 4.8% → 29.0%). Calculated

  • ↑

    Net result improved

    Net result +8 732 NOK → +3.80m NOK (net margin 0.1% → 22.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.31m NOK → 6.78m NOK (+57.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 929.3k NOK → 1.93m NOK (+1.00m NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 6.24m NOK → 4.79m NOK (equity ratio 64.5% → 40.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 8.00m NOK → 8.49m NOK (53% → 51% of revenue). Calculated