Org.nr 913 015 649 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET NYGAARD AS: årsregnskap 2021 vs 2020

Grew 29% on revenue, stronger earnings

approved 2022-04-28; registry 2022-05-02; journal 2022 245499

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET NYGAARD AS. Revenue 1.95m NOK → 2.53m NOK (+29.5%). Net result +501.1k NOK → +904.8k NOK. Equity 2.67m NOK → 934.8k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET NYGAARD AS.

Scorecard

Revenue
1.95m NOK 2.53m NOK
+29.5%
Operating result
+611.5k NOK +143.8k NOK
-76.5%
Net result
+501.1k NOK +904.8k NOK
+80.6%
Equity
2.67m NOK 934.8k NOK
-65.0%
Cash
2.61m NOK 3.65m NOK
+40.1%
Total assets
3.07m NOK 1.42m NOK
-53.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.95m NOK to 2.53m NOK (+29.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +501.1k NOK → +904.8k NOK (net margin 25.6% → 35.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.61m NOK → 3.65m NOK (+40.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +611.5k NOK → +143.8k NOK (op. margin 31.3% → 5.7%). Calculated

  • ↓

    Equity eroded

    Book equity 2.67m NOK → 934.8k NOK (equity ratio 87.2% → 65.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 888.7k NOK → 917.0k NOK (45% → 36% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 7 006 NOK → 19.1k NOK (+172.7% YoY). Calculated