FirmaIQ
Org.nr 994 066 005 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET BERGE AS: årsregnskap 2021 vs 2020

Grew 25% on revenue, stronger earnings

approved 2022-04-29; registry 2022-05-02; journal 2022 246349

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET BERGE AS. Revenue 2.02m NOK → 2.53m NOK (+25.2%). Net result +287.9k NOK → +583.4k NOK. Equity 83.4k NOK → 326.8k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET BERGE AS.

At a glance

Scorecard

Revenue
2.02m NOK 2.53m NOK
+25.2%
Operating result
+395.4k NOK +768.8k NOK
+94.4%
Net result
+287.9k NOK +583.4k NOK
+102.7%
Equity
83.4k NOK 326.8k NOK
+291.8%
Cash
215.4k NOK 173.7k NOK
-19.4%
Total assets
1.49m NOK 1.61m NOK
+8.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.02m NOK to 2.53m NOK (+25.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +395.4k NOK → +768.8k NOK (op. margin 19.5% → 30.3%). Calculated

  • ↑

    Net result improved

    Net result +287.9k NOK → +583.4k NOK (net margin 14.2% → 23.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 83.4k NOK → 326.8k NOK (equity ratio 5.6% → 20.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 215.4k NOK → 173.7k NOK (-19.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 875.3k NOK → 914.8k NOK (43% → 36% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 28.2k NOK → 49.3k NOK (+74.8% YoY). Calculated