FirmaIQ
Org.nr 994 891 626 2019 → 2020 Year-over-year analysis

ADVOKAT CHRISTIAN WEFLING AS: årsregnskap 2020 vs 2019

Grew 20% on revenue

registry 2021-05-03; journal 2021 247688

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT CHRISTIAN WEFLING AS. Revenue 1.68m NOK → 2.01m NOK (+19.6%). Net result +273.9k NOK → +319.4k NOK. Equity 465.7k NOK → 535.1k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.68m NOK 2.01m NOK
+19.6%
Operating result
+344.7k NOK +408.3k NOK
+18.4%
Net result
+273.9k NOK +319.4k NOK
+16.6%
Equity
465.7k NOK 535.1k NOK
+14.9%
Cash
317.4k NOK 630.1k NOK
+98.5%
Total assets
822.2k NOK 15.2k NOK
-98.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.68m NOK to 2.01m NOK (+19.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +344.7k NOK → +408.3k NOK (op. margin 20.5% → 20.3%). Calculated

  • ↑

    Net result improved

    Net result +273.9k NOK → +319.4k NOK (net margin 16.3% → 15.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 465.7k NOK → 535.1k NOK (equity ratio 56.6% → 3509.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 317.4k NOK → 630.1k NOK (+98.5% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.29× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated