Org.nr 981 459 326 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET BULL AS: årsregnskap 2021 vs 2020

Grew 23% on revenue, stronger earnings

approved 2022-04-28; registry 2022-05-02; journal 2022 244609

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET BULL AS. Revenue 129.80m NOK → 159.02m NOK (+22.5%). Net result +991.5k NOK → +2.56m NOK. Equity 50.99m NOK → 53.20m NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
129.80m NOK 159.02m NOK
+22.5%
Operating result
+2.97m NOK +3.54m NOK
+19.1%
Net result
+991.5k NOK +2.56m NOK
+158.0%
Equity
50.99m NOK 53.20m NOK
+4.3%
Cash
12.73m NOK 6.77m NOK
-46.8%
Total assets
n/m 77.20m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 129.80m NOK to 159.02m NOK (+22.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.97m NOK → +3.54m NOK (op. margin 2.3% → 2.2%). Calculated

  • ↑

    Net result improved

    Net result +991.5k NOK → +2.56m NOK (net margin 0.8% → 1.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 50.99m NOK → 53.20m NOK. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 47.30m NOK → 48.75m NOK (+1.45m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 12.73m NOK → 6.77m NOK (-46.8% YoY). Calculated