FirmaIQ
Org.nr 997 522 656 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA FOLSERAAS AS: årsregnskap 2021 vs 2020

Grew 47% on revenue, stronger earnings, cash halved-plus

approved 2022-04-08; registry 2022-04-21; journal 2022 200913

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA FOLSERAAS AS. Revenue 1.50m NOK → 2.21m NOK (+47.1%). Net result +124.0k NOK → +541.1k NOK. Equity 824.7k NOK → 965.9k NOK.

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

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

At a glance

Scorecard

Revenue
1.50m NOK 2.21m NOK
+47.1%
Operating result
+157.2k NOK +688.7k NOK
+338.2%
Net result
+124.0k NOK +541.1k NOK
+336.6%
Equity
824.7k NOK 965.9k NOK
+17.1%
Cash
613.8k NOK 58.5k NOK
-90.5%
Total assets
1.20m NOK 1.52m NOK
+26.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.50m NOK to 2.21m NOK (+47.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +157.2k NOK → +688.7k NOK (op. margin 10.5% → 31.2%). Calculated

  • ↑

    Net result improved

    Net result +124.0k NOK → +541.1k NOK (net margin 8.3% → 24.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 824.7k NOK → 965.9k NOK (equity ratio 68.8% → 63.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 613.8k NOK → 58.5k NOK (-90.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 772.9k NOK → 875.2k NOK (51% → 40% of revenue). Calculated