ADVOKAT RYE-HOLMBOE AS: årsregnskap 2020 vs 2019
Grew 6% on revenue, stronger earnings
approved 2021-03-02; registry 2021-03-04; journal 2021 134381
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT RYE-HOLMBOE AS. Revenue 1.60m NOK → 1.69m NOK (+5.7%). Net result +440.2k NOK → +570.5k NOK. Equity 811.7k NOK → 11.78m 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 RYE-HOLMBOE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.60m NOK to 1.69m NOK (+5.7% YoY). Calculated
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Operating result improved
Operating result +564.1k NOK → +731.2k NOK (op. margin 35.2% → 43.2%). Calculated
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Net result improved
Net result +440.2k NOK → +570.5k NOK (net margin 27.5% → 33.7%). Calculated
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Equity strengthened
Book equity 811.7k NOK → 11.78m NOK (equity ratio 70.8% → 9280.9%). Calculated
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Cash rose
Bank deposits 768.7k NOK → 869.5k NOK (+13.1% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 780.0k NOK → 3.61m NOK (49% → 213% of revenue). Calculated