FirmaIQ
Org.nr 951 336 637 2019 → 2020 Year-over-year analysis

ADVOKAT EVEN RØNVIK AS: årsregnskap 2020 vs 2019

Grew 15% on revenue, stronger earnings

approved 2021-04-28; registry 2021-05-03; journal 2021 248662

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT EVEN RØNVIK AS. Revenue 5.23m NOK → 6.01m NOK (+14.9%). Net result +2.03m NOK → +2.74m NOK. Equity 14.85m NOK → 17.59m 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
5.23m NOK 6.01m NOK
+14.9%
Operating result
+1.65m NOK +3.01m NOK
+82.0%
Net result
+2.03m NOK +2.74m NOK
+35.5%
Equity
14.85m NOK 17.59m NOK
+18.5%
Cash
6.84m NOK 10.52m NOK
+53.7%
Total assets
16.15m NOK 18.84m NOK
+16.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.23m NOK to 6.01m NOK (+14.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.65m NOK → +3.01m NOK (op. margin 31.6% → 50.1%). Calculated

  • ↑

    Net result improved

    Net result +2.03m NOK → +2.74m NOK (net margin 38.7% → 45.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 14.85m NOK → 17.59m NOK (equity ratio 92.0% → 93.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.84m NOK → 10.52m NOK (+53.7% YoY). Calculated