FirmaIQ
Org.nr 917 020 477 2019 → 2020 Year-over-year analysis

ADVOKAT GRY SØRHUS MOLLAN AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-04-29; registry 2021-05-03; journal 2021 249912

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT GRY SØRHUS MOLLAN AS. Revenue 1.74m NOK → 1.72m NOK (-1.1%). Net result +284.9k NOK → +354.8k NOK. Equity 1.01m NOK → 5.87m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.74m NOK 1.72m NOK
-1.1%
Operating result
+365.7k NOK +464.8k NOK
+27.1%
Net result
+284.9k NOK +354.8k NOK
+24.5%
Equity
1.01m NOK 5.87m NOK
+480.1%
Cash
825.0k NOK 834.0k NOK
+1.1%
Total assets
1.29m NOK 1.15m NOK
-10.8%

What improved

  • ↑

    Operating result improved

    Operating result +365.7k NOK → +464.8k NOK (op. margin 21.1% → 27.1%). Calculated

  • ↑

    Net result improved

    Net result +284.9k NOK → +354.8k NOK (net margin 16.4% → 20.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.01m NOK → 5.87m NOK (equity ratio 78.2% → 508.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 825.0k NOK → 834.0k NOK (+1.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 835.1k NOK → 731.0k NOK (48% → 43% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.74m NOK to 1.72m NOK (-1.1% YoY). Calculated