Org.nr 921 091 249 2019 → 2020 Year-over-year analysis

ADVOKAT MARIANNE HOGNESTAD AS: årsregnskap 2020 vs 2019

Grew 8% on revenue, stronger earnings

approved 2021-04-28; registry 2021-05-03; journal 2021 256782

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT MARIANNE HOGNESTAD AS. Revenue 1.27m NOK → 1.37m NOK (+8.0%). Net result +114.7k NOK → +154.1k NOK. Equity 384.4k NOK → 538.4k NOK.

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

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

Scorecard

Revenue
1.27m NOK 1.37m NOK
+8.0%
Operating result
+146.9k NOK +189.3k NOK
+28.9%
Net result
+114.7k NOK +154.1k NOK
+34.3%
Equity
384.4k NOK 538.4k NOK
+40.1%
Cash
493.3k NOK 562.4k NOK
+14.0%
Total assets
594.0k NOK 813.3k NOK
+36.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.27m NOK to 1.37m NOK (+8.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +146.9k NOK → +189.3k NOK (op. margin 11.6% → 13.8%). Calculated

  • ↑

    Net result improved

    Net result +114.7k NOK → +154.1k NOK (net margin 9.0% → 11.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 384.4k NOK → 538.4k NOK (equity ratio 64.7% → 66.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 493.3k NOK → 562.4k NOK (+14.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 555.1k NOK → 615.8k NOK (44% → 45% of revenue). Calculated