Org.nr 980 592 413 2019 → 2020 Year-over-year analysis

ADVOKAT BJØRN L G BRAATHEN AS: årsregnskap 2020 vs 2019

Grew 20% on revenue, returned to profit

approved 2021-04-28; registry 2021-05-03; journal 2021 253636

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT BJØRN L G BRAATHEN AS. Revenue 125.1k NOK → 150.5k NOK (+20.2%). Net result -18.8k NOK → +22.5k NOK. Equity 201.2k NOK → 223.6k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
125.1k NOK 150.5k NOK
+20.2%
Operating result
-24.5k NOK +17.6k NOK
+171.7%
Net result
-18.8k NOK +22.5k NOK
+219.4%
Equity
201.2k NOK 223.6k NOK
+11.2%
Cash
347.2k NOK 346.6k NOK
-0.2%
Total assets
393.3k NOK 415.0k NOK
+5.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 125.1k NOK to 150.5k NOK (+20.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -24.5k NOK → +17.6k NOK (op. margin -19.6% → 11.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 18.8k NOK to a profit of 22.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 201.2k NOK → 223.6k NOK (equity ratio 51.1% → 53.9%). Calculated