Org.nr 923 559 841 2020 → 2021 Year-over-year analysis

AGP ADVOKATER AS: årsregnskap 2021 vs 2020

Grew 137907% on revenue, stronger earnings

approved 2022-04-06; registry 2022-04-21; journal 2022 205487

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AGP ADVOKATER AS. Revenue 42.6k NOK → 58.74m NOK (+137907.0%). Net result 0 NOK → +2.00m NOK. Equity 7.80m NOK → 900 NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for AGP ADVOKATER AS.

Scorecard

Revenue
42.6k NOK 58.74m NOK
+137907.0%
Operating result
+22.1k NOK +35.50m NOK
+160644.2%
Net result
0 NOK +2.00m NOK
—
Equity
7.80m NOK 900 NOK
-100.0%
Cash
14.5k NOK 3.75m NOK
+25728.1%
Total assets
25.82m NOK 22.83m NOK
-11.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 42.6k NOK to 58.74m NOK (+137907.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +22.1k NOK → +35.50m NOK (op. margin 51.9% → 60.4%). Calculated

  • ↑

    Net result improved

    Net result 0 NOK → +2.00m NOK (net margin 0.0% → 3.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 14.5k NOK → 3.75m NOK (+25728.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 7.80m NOK → 900 NOK (equity ratio 30.2% → 0.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1212.93× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 800.0k NOK → 900 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 12.1k NOK → 15.12m NOK (28% → 26% of revenue). Calculated