FirmaIQ
Org.nr 995 267 705 2019 → 2020 Year-over-year analysis

ADVOKAT LARS HAUGEN AS: årsregnskap 2020 vs 2019

Grew 15% on revenue, stronger earnings

registry 2021-04-24; journal 2021 220662

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT LARS HAUGEN AS. Revenue 329.1k NOK → 377.8k NOK (+14.8%). Net result +64.0k NOK → +12.12m NOK. Equity 8.15m NOK → 11.26m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
329.1k NOK 377.8k NOK
+14.8%
Operating result
+64.2k NOK +117.9k NOK
+83.7%
Net result
+64.0k NOK +12.12m NOK
+18829.8%
Equity
8.15m NOK 11.26m NOK
+38.3%
Cash
20.4k NOK 107.6k NOK
+426.8%
Total assets
195.2k NOK 295.8k NOK
+51.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 329.1k NOK to 377.8k NOK (+14.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +64.2k NOK → +117.9k NOK (op. margin 19.5% → 31.2%). Calculated

  • ↑

    Net result improved

    Net result +64.0k NOK → +12.12m NOK (net margin 19.5% → 3207.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 8.15m NOK → 11.26m NOK (equity ratio 4172.4% → 3808.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 20.4k NOK → 107.6k NOK (+426.8% YoY). Calculated