FirmaIQ
Org.nr 987 363 525 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA RIISØEN AS: årsregnskap 2021 vs 2020

Grew 8% on revenue

approved 2022-04-29; registry 2022-05-03; journal 2022 250127

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA RIISØEN AS. Revenue 1.71m NOK → 1.85m NOK (+8.0%). Net result +321.6k NOK → +372.0k NOK. Equity 1.50m NOK → 1.57m 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 RIISØEN AS.

At a glance

Scorecard

Revenue
1.71m NOK 1.85m NOK
+8.0%
Operating result
+420.5k NOK +483.4k NOK
+15.0%
Net result
+321.6k NOK +372.0k NOK
+15.7%
Equity
1.50m NOK 1.57m NOK
+4.8%
Cash
434.0k NOK 1.71m NOK
+294.8%
Total assets
2.09m NOK 2.39m NOK
+14.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.71m NOK to 1.85m NOK (+8.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +420.5k NOK → +483.4k NOK (op. margin 24.5% → 26.1%). Calculated

  • ↑

    Net result improved

    Net result +321.6k NOK → +372.0k NOK (net margin 18.8% → 20.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.50m NOK → 1.57m NOK (equity ratio 71.9% → 65.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 434.0k NOK → 1.71m NOK (+294.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 916.0k NOK → 986.6k NOK (53% → 53% of revenue). Calculated