FirmaIQ
Org.nr 984 984 375 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA GRUNDEKJØN & CO AS: årsregnskap 2021 vs 2020

Grew 39% on revenue, stronger earnings

approved 2022-04-22; registry 2022-04-28; journal 2022 232630

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA GRUNDEKJØN & CO AS. Revenue 229.2k NOK → 317.7k NOK (+38.6%). Net result +58.7k NOK → +72.3k NOK. Equity 173.9k NOK → 246.3k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
229.2k NOK 317.7k NOK
+38.6%
Operating result
+82.6k NOK +97.8k NOK
+18.4%
Net result
+58.7k NOK +72.3k NOK
+23.3%
Equity
173.9k NOK 246.3k NOK
+41.6%
Cash
217.7k NOK 314.3k NOK
+44.3%
Total assets
287.1k NOK 359.2k NOK
+25.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 229.2k NOK to 317.7k NOK (+38.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +82.6k NOK → +97.8k NOK (op. margin 36.0% → 30.8%). Calculated

  • ↑

    Net result improved

    Net result +58.7k NOK → +72.3k NOK (net margin 25.6% → 22.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 173.9k NOK → 246.3k NOK (equity ratio 60.6% → 68.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 217.7k NOK → 314.3k NOK (+44.3% YoY). Calculated