Org.nr 924 455 977 2020 → 2021 Year-over-year analysis

ADVOKATHUSET JUSTISIA AS: årsregnskap 2021 vs 2020

Grew 130930% on revenue, stronger earnings

approved 2022-04-25; registry 2022-04-30; journal 2022 236707

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATHUSET JUSTISIA AS. Revenue 3 909 NOK → 5.12m NOK (+130929.6%). Net result +233.4k NOK → +364.1k NOK. Equity 13.33m NOK → 697.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

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

Scorecard

Revenue
3 909 NOK 5.12m NOK
+130929.6%
Operating result
+343.5k NOK +522.4k NOK
+52.1%
Net result
+233.4k NOK +364.1k NOK
+56.0%
Equity
13.33m NOK 697.5k NOK
-94.8%
Cash
567.1k NOK 961.1k NOK
+69.5%
Total assets
1.92m NOK 2.53m NOK
+31.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3 909 NOK to 5.12m NOK (+130929.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +343.5k NOK → +522.4k NOK (op. margin 8787.4% → 10.2%). Calculated

  • ↑

    Net result improved

    Net result +233.4k NOK → +364.1k NOK (net margin 5971.0% → 7.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 567.1k NOK → 961.1k NOK (+69.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 13.33m NOK → 697.5k NOK (equity ratio 694.1% → 27.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 48.5k NOK → 31.9k NOK (-34.2% YoY). Calculated