ADVOKAT JAN HAMMERSENG AS: årsregnskap 2020 vs 2019
Grew 40% on revenue, returned to profit
approved 2021-04-27; registry 2021-04-29; journal 2021 241404
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT JAN HAMMERSENG AS. Revenue 345.0k NOK → 481.9k NOK (+39.7%). Net result -30.2k NOK → +97.1k NOK. Equity -158.2k NOK → -61.1k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT JAN HAMMERSENG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 345.0k NOK to 481.9k NOK (+39.7% YoY). Calculated
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Operating result improved
Operating result -30.2k NOK → +97.6k NOK (op. margin -8.7% → 20.2%). Calculated
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Turned profitable
Net result flipped from a loss of 30.2k NOK to a profit of 97.1k NOK. Calculated
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Equity strengthened
Book equity -158.2k NOK → -61.1k NOK (equity ratio -83.6% → -22.8%). Calculated
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Cash rose
Bank deposits 143.0k NOK → 216.2k NOK (+51.1% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 64.2k NOK → 2.20m NOK (19% → 456% of revenue). Calculated