ADVOKAT NILS MUGAAS AS: årsregnskap 2020 vs 2019
Grew 84% on revenue, stronger earnings
approved 2021-03-17; registry 2021-03-20; journal 2021 157209
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT NILS MUGAAS AS. Revenue 354.4k NOK → 652.1k NOK (+84.0%). Net result +50.4k NOK → +418.7k NOK. Equity 5.15m NOK → 569.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT NILS MUGAAS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 354.4k NOK to 652.1k NOK (+84.0% YoY). Calculated
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Operating result improved
Operating result +68.4k NOK → +539.9k NOK (op. margin 19.3% → 82.8%). Calculated
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Net result improved
Net result +50.4k NOK → +418.7k NOK (net margin 14.2% → 64.2%). Calculated
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Cash rose
Bank deposits 18.1k NOK → 30.1k NOK (+66.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 5.15m NOK → 569.2k NOK (equity ratio 2009.9% → 330.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 127 NOK → 763.0k NOK (1% → 117% of revenue). Calculated