Org.nr 992 103 647 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET TOR HAUG AS: årsregnskap 2021 vs 2020

A steady year on the published lines

approved 2022-04-22; registry 2022-04-25; journal 2022 221690

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET TOR HAUG AS. Revenue 2.60m NOK → 2.73m NOK (+4.9%). Net result +333.6k NOK → +313.0k NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened.

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

Scorecard

Revenue
2.60m NOK 2.73m NOK
+4.9%
Operating result
+453.0k NOK +404.2k NOK
-10.8%
Net result
+333.6k NOK +313.0k NOK
-6.2%
Equity
12 NOK n/m
—
Cash
164.0k NOK 1.59m NOK
+867.3%
Total assets
648.2k NOK 1.89m NOK
+191.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.60m NOK to 2.73m NOK (+4.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 164.0k NOK → 1.59m NOK (+867.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.76× → 3.11×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +453.0k NOK → +404.2k NOK (op. margin 17.4% → 14.8%). Calculated

  • ↓

    Net result weakened

    Net result +333.6k NOK → +313.0k NOK (net margin 12.8% → 11.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 13.2k NOK → 167.0k NOK. Reported fact