Org.nr 995 251 329 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET JESSEN AS: årsregnskap 2021 vs 2020

Grew 19% on revenue

approved 2022-01-17; registry 2022-01-24; journal 2022 108713

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET JESSEN AS. Revenue 2.08m NOK → 2.48m NOK (+19.4%). Net result +771.0k NOK → +829.5k NOK. Equity 895.6k NOK → 862.6k NOK.

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

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

Scorecard

Revenue
2.08m NOK 2.48m NOK
+19.4%
Operating result
+969.7k NOK +41.4k NOK
-95.7%
Net result
+771.0k NOK +829.5k NOK
+7.6%
Equity
895.6k NOK 862.6k NOK
-3.7%
Cash
950.6k NOK 804.1k NOK
-15.4%
Total assets
1.43m NOK 1.57m NOK
+9.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.08m NOK to 2.48m NOK (+19.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +771.0k NOK → +829.5k NOK (net margin 37.1% → 33.5%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +969.7k NOK → +41.4k NOK (op. margin 46.7% → 1.7%). Calculated

  • ↓

    Equity eroded

    Book equity 895.6k NOK → 862.6k NOK (equity ratio 62.6% → 55.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 950.6k NOK → 804.1k NOK (-15.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 760.7k NOK → 842.6k NOK (37% → 34% of revenue). Calculated