FirmaIQ
Org.nr 916 823 339 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET LEXIS AS: årsregnskap 2021 vs 2020

Grew 34% on revenue, returned to profit

approved 2022-04-28; registry 2022-12-10; journal 2022 946180

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET LEXIS AS. Revenue 7.52m NOK → 10.07m NOK (+34.0%). Net result -107.2k NOK → +489.0k NOK. Equity 2.20m NOK → 3.21m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET LEXIS AS.

At a glance

Scorecard

Revenue
7.52m NOK 10.07m NOK
+34.0%
Operating result
-157.1k NOK +627.3k NOK
+499.2%
Net result
-107.2k NOK +489.0k NOK
+556.1%
Equity
2.20m NOK 3.21m NOK
+46.1%
Cash
156.8k NOK 2.65m NOK
+1592.7%
Total assets
2.68m NOK 4.42m NOK
+64.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.52m NOK to 10.07m NOK (+34.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -157.1k NOK → +627.3k NOK (op. margin -2.1% → 6.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 107.2k NOK to a profit of 489.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.20m NOK → 3.21m NOK (equity ratio 82.0% → 72.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 156.8k NOK → 2.65m NOK (+1592.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 278.1k NOK → 957.3k NOK (+244.2% YoY). Calculated