FirmaIQ
Org.nr 991 085 955 2019 → 2020 Year-over-year analysis

ADVOKAT ERIK JØNSSON AS: årsregnskap 2020 vs 2019

Grew 166% on revenue, stronger earnings

approved 2021-04-30; registry 2021-05-03; journal 2021 257224

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT ERIK JØNSSON AS. Revenue 713.5k NOK → 1.90m NOK (+165.9%). Net result +314.5k NOK → +514.6k NOK. Equity 283.2k NOK → 197.7k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
713.5k NOK 1.90m NOK
+165.9%
Operating result
+404.0k NOK +659.0k NOK
+63.1%
Net result
+314.5k NOK +514.6k NOK
+63.6%
Equity
283.2k NOK 197.7k NOK
-30.2%
Cash
442.8k NOK 590.5k NOK
+33.4%
Total assets
1.04m NOK 1.46m NOK
+40.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 713.5k NOK to 1.90m NOK (+165.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +404.0k NOK → +659.0k NOK (op. margin 56.6% → 34.7%). Calculated

  • ↑

    Net result improved

    Net result +314.5k NOK → +514.6k NOK (net margin 44.1% → 27.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 442.8k NOK → 590.5k NOK (+33.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 283.2k NOK → 197.7k NOK (equity ratio 27.1% → 13.5%). Calculated