Org.nr 918 444 386 2019 → 2020 Year-over-year analysis

ADVOKAT INGE M. EVJA AS: årsregnskap 2020 vs 2019

Grew 18% on revenue, stronger earnings

approved 2021-04-30; registry 2021-05-03; journal 2021 255284

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT INGE M. EVJA AS. Revenue 3.15m NOK → 3.72m NOK (+17.9%). Net result +239.9k NOK → +590.0k NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKAT INGE M. EVJA AS.

Scorecard

Revenue
3.15m NOK 3.72m NOK
+17.9%
Operating result
+267.9k NOK +687.1k NOK
+156.5%
Net result
+239.9k NOK +590.0k NOK
+145.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.15m NOK to 3.72m NOK (+17.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +267.9k NOK → +687.1k NOK (op. margin 8.5% → 18.5%). Calculated

  • ↑

    Net result improved

    Net result +239.9k NOK → +590.0k NOK (net margin 7.6% → 15.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.74m NOK → 2.38m NOK (55% → 64% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 435.2k NOK → 23.5k NOK (-94.6% YoY). Calculated