FirmaIQ
Org.nr 917 291 195 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET SØNNING AS: årsregnskap 2021 vs 2020

Grew 11% on revenue, cash halved-plus

approved 2022-04-25; registry 2022-05-02; journal 2022 246657

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET SØNNING AS. Revenue 2.34m NOK → 2.59m NOK (+10.6%). Net result +1.62m NOK → +1.82m NOK. Equity 810.5k NOK → 811.0k NOK.

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

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET SØNNING AS.

At a glance

Scorecard

Revenue
2.34m NOK 2.59m NOK
+10.6%
Operating result
+2.06m NOK +2.33m NOK
+13.3%
Net result
+1.62m NOK +1.82m NOK
+12.3%
Equity
810.5k NOK 811.0k NOK
+0.1%
Cash
1.75m NOK 504.1k NOK
-71.3%
Total assets
3.03m NOK 3.25m NOK
+7.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.34m NOK to 2.59m NOK (+10.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.06m NOK → +2.33m NOK (op. margin 87.8% → 89.9%). Calculated

  • ↑

    Net result improved

    Net result +1.62m NOK → +1.82m NOK (net margin 69.1% → 70.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.75m NOK → 504.1k NOK (-71.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.75m NOK → 504.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 143.9k NOK → 66.7k NOK (-53.6% YoY). Calculated