FirmaIQ
Org.nr 998 820 421 2019 → 2020 Year-over-year analysis

ADVOKAT 1 AS: årsregnskap 2020 vs 2019

Grew 19% on revenue, stronger earnings

approved 2021-03-19; registry 2021-04-29; journal 2021 241234

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT 1 AS. Revenue 2.15m NOK → 2.56m NOK (+19.4%). Net result +3 882 NOK → +266.5k NOK. Equity 91.0k NOK → 357.4k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.15m NOK 2.56m NOK
+19.4%
Operating result
+3 793 NOK +344.4k NOK
+8980.7%
Net result
+3 882 NOK +266.5k NOK
+6764.1%
Equity
91.0k NOK 357.4k NOK
+292.9%
Cash
276.7k NOK 444.1k NOK
+60.5%
Total assets
487.8k NOK 819.6k NOK
+68.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.15m NOK to 2.56m NOK (+19.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3 793 NOK → +344.4k NOK (op. margin 0.2% → 13.4%). Calculated

  • ↑

    Net result improved

    Net result +3 882 NOK → +266.5k NOK (net margin 0.2% → 10.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 91.0k NOK → 357.4k NOK (equity ratio 18.6% → 43.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 276.7k NOK → 444.1k NOK (+60.5% YoY). Calculated