Org.nr 916 619 898 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET VIKSE AS: årsregnskap 2021 vs 2020

Grew 18% on revenue, stronger earnings

approved 2022-01-26; registry 2022-01-29; journal 2022 110237

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET VIKSE AS. Revenue 2.04m NOK → 2.40m NOK (+17.7%). Net result +563.0k NOK → +821.9k NOK. Equity 34.6k NOK → 36.5k NOK.

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

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET VIKSE AS.

Scorecard

Revenue
2.04m NOK 2.40m NOK
+17.7%
Operating result
+721.9k NOK +59.4k NOK
-91.8%
Net result
+563.0k NOK +821.9k NOK
+46.0%
Equity
34.6k NOK 36.5k NOK
+5.6%
Cash
769.6k NOK 718.3k NOK
-6.7%
Total assets
454.6k NOK 2.28m NOK
+400.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.04m NOK to 2.40m NOK (+17.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +563.0k NOK → +821.9k NOK (net margin 27.6% → 34.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 34.6k NOK → 36.5k NOK (equity ratio 7.6% → 1.6%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +721.9k NOK → +59.4k NOK (op. margin 35.4% → 2.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 769.6k NOK → 718.3k NOK (-6.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 886.4k NOK → 905.0k NOK (43% → 38% of revenue). Calculated