FirmaIQ
Org.nr 917 502 765 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET SHAH AS: årsregnskap 2021 vs 2020

Grew 81% on revenue, stronger earnings

approved 2022-08-17; registry 2022-08-20; journal 2022 902766

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET SHAH AS. Revenue 3.02m NOK → 5.45m NOK (+80.8%). Net result +564.5k NOK → +1.12m NOK. Equity 1.66m NOK → 1.28m 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 SHAH AS.

At a glance

Scorecard

Revenue
3.02m NOK 5.45m NOK
+80.8%
Operating result
+724.4k NOK +431.2k NOK
-40.5%
Net result
+564.5k NOK +1.12m NOK
+97.8%
Equity
1.66m NOK 1.28m NOK
-23.1%
Cash
134.7k NOK 2.70m NOK
+1904.6%
Total assets
2.27m NOK 4.04m NOK
+78.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.02m NOK to 5.45m NOK (+80.8% YoY). Calculated

  • ↑

    Net result improved

    Net result +564.5k NOK → +1.12m NOK (net margin 18.7% → 20.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 134.7k NOK → 2.70m NOK (+1904.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +724.4k NOK → +431.2k NOK (op. margin 24.0% → 7.9%). Calculated

  • ↓

    Equity eroded

    Book equity 1.66m NOK → 1.28m NOK (equity ratio 73.2% → 31.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.61m NOK → 2.79m NOK (53% → 51% of revenue). Calculated