Org.nr 916 804 857 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET SPORSHEIM AS: årsregnskap 2021 vs 2020

Grew 52% on revenue, stronger earnings, cash halved-plus

registry 2022-05-05; journal 2022 257702

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET SPORSHEIM AS. Revenue 3.50m NOK → 5.32m NOK (+52.1%). Net result +182.3k NOK → +631.3k NOK. Equity 233.0k NOK → 864.3k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET SPORSHEIM AS.

Scorecard

Revenue
3.50m NOK 5.32m NOK
+52.1%
Operating result
+258.6k NOK +833.4k NOK
+222.3%
Net result
+182.3k NOK +631.3k NOK
+246.2%
Equity
233.0k NOK 864.3k NOK
+270.9%
Cash
342.8k NOK 121.8k NOK
-64.5%
Total assets
2.10m NOK 3.56m NOK
+69.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.50m NOK to 5.32m NOK (+52.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +258.6k NOK → +833.4k NOK (op. margin 7.4% → 15.7%). Calculated

  • ↑

    Net result improved

    Net result +182.3k NOK → +631.3k NOK (net margin 5.2% → 11.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 233.0k NOK → 864.3k NOK (equity ratio 11.1% → 24.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 342.8k NOK → 121.8k NOK (-64.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 28.7k NOK → 16.2k NOK (-43.5% YoY). Calculated