FirmaIQ
Org.nr 915 956 114 2019 → 2020 Year-over-year analysis

ADVOKAT KARIANNE GRINDSTAD AS: årsregnskap 2020 vs 2019

Grew 6% on revenue

approved 2021-03-12; registry 2021-03-18; journal 2021 156111

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT KARIANNE GRINDSTAD AS. Revenue 743.4k NOK → 785.0k NOK (+5.6%). Net result +24.5k NOK → +23.2k NOK. Equity 79.3k NOK → 4.10m NOK.

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

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

At a glance

Scorecard

Revenue
743.4k NOK 785.0k NOK
+5.6%
Operating result
+33.4k NOK +34.3k NOK
+2.6%
Net result
+24.5k NOK +23.2k NOK
-5.0%
Equity
79.3k NOK 4.10m NOK
+5074.1%
Cash
31.5k NOK 17.9k NOK
-43.3%
Total assets
405.1k NOK 558.5k NOK
+37.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 743.4k NOK to 785.0k NOK (+5.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +33.4k NOK → +34.3k NOK (op. margin 4.5% → 4.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 79.3k NOK → 4.10m NOK (equity ratio 19.6% → 734.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 31.5k NOK → 17.9k NOK (-43.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 498.9k NOK → 547.6k NOK (67% → 70% of revenue). Calculated