FirmaIQ
Org.nr 919 084 588 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET JOHANNESSEN AS: årsregnskap 2021 vs 2020

Grew 10% on revenue, stronger earnings

approved 2022-03-24; registry 2022-03-28; journal 2022 168811

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET JOHANNESSEN AS. Revenue 2.34m NOK → 2.57m NOK (+9.8%). Net result +360.8k NOK → +499.2k NOK. Equity 19.3k NOK → 1.52m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
2.34m NOK 2.57m NOK
+9.8%
Operating result
+462.7k NOK +638.4k NOK
+38.0%
Net result
+360.8k NOK +499.2k NOK
+38.4%
Equity
19.3k NOK 1.52m NOK
+7777.8%
Cash
1.31m NOK 1.68m NOK
+28.5%
Total assets
2.33m NOK 2.83m NOK
+21.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.34m NOK to 2.57m NOK (+9.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +462.7k NOK → +638.4k NOK (op. margin 19.8% → 24.9%). Calculated

  • ↑

    Net result improved

    Net result +360.8k NOK → +499.2k NOK (net margin 15.4% → 19.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 19.3k NOK → 1.52m NOK (equity ratio 0.8% → 53.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.31m NOK → 1.68m NOK (+28.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.46m NOK → 1.48m NOK (63% → 58% of revenue). Calculated