Org.nr 991 989 021 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA FINNE LANGE AS: årsregnskap 2021 vs 2020

Grew 5% on revenue, stronger earnings

approved 2022-04-20; registry 2022-04-27; journal 2022 227659

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA FINNE LANGE AS. Revenue 3.53m NOK → 3.71m NOK (+5.2%). Net result +529.1k NOK → +1.28m NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
3.53m NOK 3.71m NOK
+5.2%
Operating result
+23.5k NOK +1.64m NOK
+6884.8%
Net result
+529.1k NOK +1.28m NOK
+141.3%
Equity
n/m 4.14m NOK
—
Cash
4.08m NOK 3.89m NOK
-4.5%
Total assets
5.36m NOK 6.08m NOK
+13.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.53m NOK to 3.71m NOK (+5.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +23.5k NOK → +1.64m NOK (op. margin 0.7% → 44.2%). Calculated

  • ↑

    Net result improved

    Net result +529.1k NOK → +1.28m NOK (net margin 15.0% → 34.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 9.97m NOK → 9 NOK (282% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 4.08m NOK → 3.89m NOK (-4.5% YoY). Calculated