FirmaIQ
Org.nr 913 760 727 2019 → 2020 Year-over-year analysis

ADVOKAT HELGHEIM AS: årsregnskap 2020 vs 2019

Grew 11% on revenue

approved 2021-04-28; registry 2021-05-03; journal 2021 248564

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT HELGHEIM AS. Revenue 2.36m NOK → 2.62m NOK (+10.9%). Net result +988.0k NOK → +936.5k NOK. Equity 2.54m NOK → 3.47m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.36m NOK 2.62m NOK
+10.9%
Operating result
+1 172 NOK +1.21m NOK
+102896.8%
Net result
+988.0k NOK +936.5k NOK
-5.2%
Equity
2.54m NOK 3.47m NOK
+36.9%
Cash
3.76m NOK 3.53m NOK
-6.1%
Total assets
4.40m NOK 4.33m NOK
-1.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.36m NOK to 2.62m NOK (+10.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1 172 NOK → +1.21m NOK (op. margin 0.0% → 46.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.54m NOK → 3.47m NOK (equity ratio 57.7% → 80.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.19m NOK → 1.11m NOK (51% → 42% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +988.0k NOK → +936.5k NOK (net margin 41.8% → 35.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.76m NOK → 3.53m NOK (-6.1% YoY). Calculated