FirmaIQ
Org.nr 913 010 302 2019 → 2020 Year-over-year analysis

ADVOKAT JOHN HEITMANN AS: årsregnskap 2020 vs 2019

Grew 116% on revenue, cash halved-plus

approved 2021-04-28; registry 2021-05-03; journal 2021 249978

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT JOHN HEITMANN AS. Revenue 983.5k NOK → 2.13m NOK (+116.2%). Net result +1.23m NOK → +1.35m NOK. Equity 1.29m NOK → 1.64m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
983.5k NOK 2.13m NOK
+116.2%
Operating result
+1.58m NOK +1.73m NOK
+9.7%
Net result
+1.23m NOK +1.35m NOK
+9.4%
Equity
1.29m NOK 1.64m NOK
+27.1%
Cash
942.2k NOK 234.1k NOK
-75.2%
Total assets
979.5k NOK 3.48m NOK
+255.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 983.5k NOK to 2.13m NOK (+116.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.58m NOK → +1.73m NOK (op. margin 160.7% → 81.5%). Calculated

  • ↑

    Net result improved

    Net result +1.23m NOK → +1.35m NOK (net margin 125.3% → 63.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.29m NOK → 1.64m NOK (equity ratio 131.5% → 47.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 942.2k NOK → 234.1k NOK (-75.2% YoY). Calculated