FirmaIQ
Org.nr 916 665 970 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET AAE AS: årsregnskap 2021 vs 2020

Grew 11% on revenue, stronger earnings, cash halved-plus

approved 2022-03-29; registry 2022-04-05; journal 2022 189050

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET AAE AS. Revenue 7.01m NOK → 7.81m NOK (+11.5%). Net result +409.4k NOK → +514.5k NOK. Equity 245.9k NOK → 360.4k 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 ADVOKATFIRMAET AAE AS.

At a glance

Scorecard

Revenue
7.01m NOK 7.81m NOK
+11.5%
Operating result
+511.3k NOK +652.2k NOK
+27.6%
Net result
+409.4k NOK +514.5k NOK
+25.7%
Equity
245.9k NOK 360.4k NOK
+46.6%
Cash
876.9k NOK 434.0k NOK
-50.5%
Total assets
2.15m NOK 2.49m NOK
+16.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.01m NOK to 7.81m NOK (+11.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +511.3k NOK → +652.2k NOK (op. margin 7.3% → 8.3%). Calculated

  • ↑

    Net result improved

    Net result +409.4k NOK → +514.5k NOK (net margin 5.8% → 6.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 245.9k NOK → 360.4k NOK (equity ratio 11.5% → 14.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 876.9k NOK → 434.0k NOK (-50.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.06m NOK → 5.56m NOK (72% → 71% of revenue). Calculated