FirmaIQ
Org.nr 989 130 129 2019 → 2020 Year-over-year analysis

ADVOKAT LINE HAMMARI AS: årsregnskap 2020 vs 2019

Grew 52% on revenue, weaker earnings

approved 2021-02-25; registry 2021-05-04; journal 2021 259048

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT LINE HAMMARI AS. Revenue 1.38m NOK → 2.09m NOK (+51.8%). Net result +54.5k NOK → +41.5k NOK. Equity 1.31m NOK → 5.85m NOK.

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

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

At a glance

Scorecard

Revenue
1.38m NOK 2.09m NOK
+51.8%
Operating result
+56.1k NOK +47.0k NOK
-16.2%
Net result
+54.5k NOK +41.5k NOK
-23.8%
Equity
1.31m NOK 5.85m NOK
+346.6%
Cash
1.15m NOK 1.46m NOK
+27.1%
Total assets
1.54m NOK 1.78m NOK
+15.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.38m NOK to 2.09m NOK (+51.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.31m NOK → 5.85m NOK (equity ratio 85.4% → 329.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.15m NOK → 1.46m NOK (+27.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +56.1k NOK → +47.0k NOK (op. margin 4.1% → 2.2%). Calculated

  • ↓

    Net result weakened

    Net result +54.5k NOK → +41.5k NOK (net margin 4.0% → 2.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 937.1k NOK → 1.63m NOK (68% → 78% of revenue). Calculated