FirmaIQ
Org.nr 923 065 490 2019 → 2020 Year-over-year analysis

ADVOKAT GUNNAR ANGAARD AS: årsregnskap 2020 vs 2019

Grew 104709% on revenue

approved 2021-05-10; registry 2021-05-12; journal 2021 284325

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT GUNNAR ANGAARD AS. Revenue 2 896 NOK → 3.04m NOK (+104709.5%). Net result +1.05m NOK → +1.24m NOK. Equity 1.08m NOK → 1.32m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT GUNNAR ANGAARD AS.

At a glance

Scorecard

Revenue
2 896 NOK 3.04m NOK
+104709.5%
Operating result
+1 344 NOK +1.59m NOK
+117936.4%
Net result
+1.05m NOK +1.24m NOK
+17.7%
Equity
1.08m NOK 1.32m NOK
+21.9%
Cash
1 176 NOK 2.34m NOK
+199182.4%
Total assets
1.81m NOK 3.02m NOK
+67.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 896 NOK to 3.04m NOK (+104709.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1 344 NOK → +1.59m NOK (op. margin 46.4% → 52.3%). Calculated

  • ↑

    Net result improved

    Net result +1.05m NOK → +1.24m NOK (net margin 36297.8% → 40.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.08m NOK → 1.32m NOK (equity ratio 59.8% → 43.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 176 NOK → 2.34m NOK (+199182.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4 953 NOK → 965.8k NOK (171% → 32% of revenue). Calculated