FirmaIQ
Org.nr 913 669 932 2020 → 2021 Year-over-year analysis

ADVOKATFIRMA SØLVERUD AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-05-24; registry 2022-05-30; journal 2022 361360

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMA SØLVERUD AS. Revenue 4.22m NOK → 4.19m NOK (-0.7%). Net result +33.3k NOK → +3.30m NOK. Equity 27.8k NOK → 331.5k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
4.22m NOK 4.19m NOK
-0.7%
Operating result
+38.1k NOK +347.7k NOK
+813.0%
Net result
+33.3k NOK +3.30m NOK
+9818.2%
Equity
27.8k NOK 331.5k NOK
+1093.6%
Cash
331.4k NOK 565.1k NOK
+70.5%
Total assets
1.16m NOK 1.71m NOK
+47.3%

What improved

  • ↑

    Operating result improved

    Operating result +38.1k NOK → +347.7k NOK (op. margin 0.9% → 8.3%). Calculated

  • ↑

    Net result improved

    Net result +33.3k NOK → +3.30m NOK (net margin 0.8% → 78.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 27.8k NOK → 331.5k NOK (equity ratio 2.4% → 19.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 331.4k NOK → 565.1k NOK (+70.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.97m NOK → 2.76m NOK (71% → 66% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.22m NOK to 4.19m NOK (-0.7% YoY). Calculated