Org.nr 917 334 110 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET TVETER OG KLØVFJELL AS: årsregnskap 2021 vs 2020

Grew 24% on revenue, stronger earnings

approved 2022-04-28; registry 2022-05-02; journal 2022 242949

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET TVETER OG KLØVFJELL AS. Revenue 12.56m NOK → 15.57m NOK (+24.0%). Net result +1.81m NOK → +9.13m NOK.

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

Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET TVETER OG KLØVFJELL AS.

Scorecard

Revenue
12.56m NOK 15.57m NOK
+24.0%
Operating result
+2.32m NOK +359.0k NOK
-84.6%
Net result
+1.81m NOK +9.13m NOK
+404.1%
Equity
n/m 2.78m NOK
—
Cash
3.89m NOK 2.08m NOK
-46.6%
Total assets
6.96m NOK 5.51m NOK
-20.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.56m NOK to 15.57m NOK (+24.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.81m NOK → +9.13m NOK (net margin 14.4% → 58.6%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.32m NOK → +359.0k NOK (op. margin 18.5% → 2.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.89m NOK → 2.08m NOK (-46.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 68.4k NOK → 18.4k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 23 → 19. Reported fact