FirmaIQ
Org.nr 997 318 013 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET KVASSTIND AS: årsregnskap 2021 vs 2020

Grew 15% on revenue

approved 2022-04-27; registry 2022-04-30; journal 2022 237779

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET KVASSTIND AS. Revenue 8.48m NOK → 9.72m NOK (+14.5%). Net result +2.87m NOK → +3.29m NOK. Equity 4.56m NOK → 7.74m 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 KVASSTIND AS.

At a glance

Scorecard

Revenue
8.48m NOK 9.72m NOK
+14.5%
Operating result
+3.68m NOK +4.21m NOK
+14.4%
Net result
+2.87m NOK +3.29m NOK
+14.5%
Equity
4.56m NOK 7.74m NOK
+69.8%
Cash
3.08m NOK 7.69m NOK
+149.9%
Total assets
6.44m NOK 9.78m NOK
+52.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.48m NOK to 9.72m NOK (+14.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.68m NOK → +4.21m NOK (op. margin 43.4% → 43.3%). Calculated

  • ↑

    Net result improved

    Net result +2.87m NOK → +3.29m NOK (net margin 33.9% → 33.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.56m NOK → 7.74m NOK (equity ratio 70.9% → 79.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.08m NOK → 7.69m NOK (+149.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.75m NOK → 4.17m NOK (44% → 43% of revenue). Calculated