FirmaIQ
Org.nr 989 580 477 2019 → 2020 Year-over-year analysis

ADVOKAT KJETIL H. NILSEN AS: årsregnskap 2020 vs 2019

Grew 12% on revenue, returned to profit

approved 2021-04-28; registry 2021-05-01; journal 2021 245263

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT KJETIL H. NILSEN AS. Revenue 1.79m NOK → 2.01m NOK (+12.1%). Net result -78.0k NOK → +6.17m NOK. Equity 582.2k NOK → 747.5k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.79m NOK 2.01m NOK
+12.1%
Operating result
+109.0k NOK +210.7k NOK
+93.3%
Net result
-78.0k NOK +6.17m NOK
+8007.8%
Equity
582.2k NOK 747.5k NOK
+28.4%
Cash
654.2k NOK 717.5k NOK
+9.7%
Total assets
969.3k NOK 109.2k NOK
-88.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.79m NOK to 2.01m NOK (+12.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +109.0k NOK → +210.7k NOK (op. margin 6.1% → 10.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 78.0k NOK to a profit of 6.17m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 582.2k NOK → 747.5k NOK (equity ratio 60.1% → 684.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 654.2k NOK → 717.5k NOK (+9.7% YoY). Calculated