FirmaIQ
Org.nr 889 553 472 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET WANGBERG AS: årsregnskap 2021 vs 2020

Grew 22% on revenue, stronger earnings, cash halved-plus

approved 2022-04-25; registry 2022-04-27; journal 2022 229477

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET WANGBERG AS. Revenue 5.01m NOK → 6.11m NOK (+22.1%). Net result +1.10m NOK → +1.69m NOK. Equity 611.5k NOK → 699.8k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET WANGBERG AS.

At a glance

Scorecard

Revenue
5.01m NOK 6.11m NOK
+22.1%
Operating result
+410.5k NOK +2.18m NOK
+430.4%
Net result
+1.10m NOK +1.69m NOK
+54.1%
Equity
611.5k NOK 699.8k NOK
+14.4%
Cash
469.5k NOK 88.8k NOK
-81.1%
Total assets
2.59m NOK 3.54m NOK
+37.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.01m NOK to 6.11m NOK (+22.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +410.5k NOK → +2.18m NOK (op. margin 8.2% → 35.6%). Calculated

  • ↑

    Net result improved

    Net result +1.10m NOK → +1.69m NOK (net margin 21.9% → 27.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 611.5k NOK → 699.8k NOK (equity ratio 23.7% → 19.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 469.5k NOK → 88.8k NOK (-81.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.16m NOK → 2.44m NOK (43% → 40% of revenue). Calculated