FirmaIQ
Org.nr 915 935 745 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET REVHEIM AS: årsregnskap 2021 vs 2020

Grew 17% on revenue, stronger earnings

approved 2022-01-11; registry 2022-03-31; journal 2022 174697

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET REVHEIM AS. Revenue 2.35m NOK → 2.75m NOK (+17.3%). Net result +330.0k NOK → +10.79m NOK. Equity 11.90m NOK → 10.99m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET REVHEIM AS.

At a glance

Scorecard

Revenue
2.35m NOK 2.75m NOK
+17.3%
Operating result
+417.8k NOK +31.3k NOK
-92.5%
Net result
+330.0k NOK +10.79m NOK
+3169.2%
Equity
11.90m NOK 10.99m NOK
-7.7%
Cash
1 167 NOK 1.09m NOK
+93485.3%
Total assets
1.78m NOK 1.56m NOK
-12.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.35m NOK to 2.75m NOK (+17.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +330.0k NOK → +10.79m NOK (net margin 14.1% → 391.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 167 NOK → 1.09m NOK (+93485.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.59× → 2.27×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +417.8k NOK → +31.3k NOK (op. margin 17.8% → 1.1%). Calculated

  • ↓

    Equity eroded

    Book equity 11.90m NOK → 10.99m NOK (equity ratio 669.8% → 703.9%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 258.3k NOK → 249.9k NOK. Reported fact