Org.nr 991 266 852 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET HOLST STIFJELL AS: årsregnskap 2021 vs 2020

Grew 43% on revenue, returned to profit

approved 2022-04-27; registry 2022-04-30; journal 2022 238519

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET HOLST STIFJELL AS. Revenue 1.15m NOK → 1.65m NOK (+42.7%). Net result -61.6k NOK → +3.19m NOK. Equity -420.1k NOK → -231.4k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET HOLST STIFJELL AS.

Scorecard

Revenue
1.15m NOK 1.65m NOK
+42.7%
Operating result
-3 245 NOK +274.1k NOK
+8545.5%
Net result
-61.6k NOK +3.19m NOK
+5276.1%
Equity
-420.1k NOK -231.4k NOK
+44.9%
Cash
30.1k NOK 25.1k NOK
-16.6%
Total assets
306.9k NOK 676.3k NOK
+120.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.15m NOK to 1.65m NOK (+42.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -3 245 NOK → +274.1k NOK (op. margin -0.3% → 16.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 61.6k NOK to a profit of 3.19m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -420.1k NOK → -231.4k NOK (equity ratio -136.9% → -34.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 30.1k NOK → 25.1k NOK (-16.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 122 NOK → 916.0k NOK (0% → 56% of revenue). Calculated