FirmaIQ
Org.nr 986 552 073 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET SGB AS: årsregnskap 2021 vs 2020

Grew 15% on revenue

approved 2022-03-30; registry 2022-04-09; journal 2022 195188

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET SGB AS. Revenue 41.35m NOK → 47.58m NOK (+15.1%). Net result +16.55m NOK → +19.29m NOK. Equity 9.23m NOK → 7.52m NOK.

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

Also worth watching: paid-in equity reduced; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET SGB AS.

At a glance

Scorecard

Revenue
41.35m NOK 47.58m NOK
+15.1%
Operating result
+16.66m NOK +19.41m NOK
+16.5%
Net result
+16.55m NOK +19.29m NOK
+16.6%
Equity
9.23m NOK 7.52m NOK
-18.5%
Cash
270.1k NOK 5.96m NOK
+2105.5%
Total assets
20.50m NOK 19.59m NOK
-4.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 41.35m NOK to 47.58m NOK (+15.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +16.66m NOK → +19.41m NOK (op. margin 40.3% → 40.8%). Calculated

  • ↑

    Net result improved

    Net result +16.55m NOK → +19.29m NOK (net margin 40.0% → 40.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 270.1k NOK → 5.96m NOK (+2105.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 9.23m NOK → 7.52m NOK (equity ratio 45.0% → 38.4%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 8.90m NOK → 6.97m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 14.98m NOK → 17.23m NOK (36% → 36% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 2.53m NOK → 2.39m NOK (-5.7% YoY). Calculated