FirmaIQ
Org.nr 987 597 348 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET ØRAKER AS: årsregnskap 2021 vs 2020

Grew 31% on revenue

approved 2022-03-15; registry 2022-03-17; journal 2022 151549

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET ØRAKER AS. Revenue 4.84m NOK → 6.33m NOK (+30.7%). Net result +697.6k NOK → +783.8k NOK. Equity 438.8k NOK → 321.6k NOK.

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

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

At a glance

Scorecard

Revenue
4.84m NOK 6.33m NOK
+30.7%
Operating result
+893.2k NOK +7 944 NOK
-99.1%
Net result
+697.6k NOK +783.8k NOK
+12.4%
Equity
438.8k NOK 321.6k NOK
-26.7%
Cash
418.1k NOK 677.7k NOK
+62.1%
Total assets
2.20m NOK 2.52m NOK
+14.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.84m NOK to 6.33m NOK (+30.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +697.6k NOK → +783.8k NOK (net margin 14.4% → 12.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 418.1k NOK → 677.7k NOK (+62.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +893.2k NOK → +7 944 NOK (op. margin 18.5% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 438.8k NOK → 321.6k NOK (equity ratio 19.9% → 12.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.04m NOK → 3.79m NOK (63% → 60% of revenue). Calculated