FirmaIQ
Org.nr 913 719 379 2019 → 2020 Year-over-year analysis

ADVOKAT HENJUM AS: årsregnskap 2020 vs 2019

Grew 22% on revenue, stronger earnings

approved 2021-04-07; registry 2021-04-15; journal 2021 202427

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT HENJUM AS. Revenue 5.77m NOK → 7.06m NOK (+22.3%). Net result +510.2k NOK → +790.0k NOK. Equity 1.38m NOK → 1.81m NOK.

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

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

At a glance

Scorecard

Revenue
5.77m NOK 7.06m NOK
+22.3%
Operating result
+654.5k NOK +8 082 NOK
-98.8%
Net result
+510.2k NOK +790.0k NOK
+54.8%
Equity
1.38m NOK 1.81m NOK
+31.6%
Cash
1.89m NOK 2.67m NOK
+41.0%
Total assets
3.09m NOK 4.02m NOK
+29.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.77m NOK to 7.06m NOK (+22.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +510.2k NOK → +790.0k NOK (net margin 8.8% → 11.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.38m NOK → 1.81m NOK (equity ratio 44.6% → 45.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.89m NOK → 2.67m NOK (+41.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +654.5k NOK → +8 082 NOK (op. margin 11.3% → 0.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.63m NOK → 4.56m NOK (63% → 65% of revenue). Calculated