Org.nr 921 379 382 2019 → 2020 Year-over-year analysis

ADVOKAT SIRI BERGEM AS: årsregnskap 2020 vs 2019

Grew 230% on revenue, weaker earnings

approved 2021-02-25; registry 2021-03-01; journal 2021 130046

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT SIRI BERGEM AS. Revenue 361.2k NOK → 1.19m NOK (+229.6%). Net result +321.3k NOK → +124.8k NOK. Equity 409.9k NOK → 534.8k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT SIRI BERGEM AS.

Scorecard

Revenue
361.2k NOK 1.19m NOK
+229.6%
Operating result
+413.8k NOK +160.1k NOK
-61.3%
Net result
+321.3k NOK +124.8k NOK
-61.2%
Equity
409.9k NOK 534.8k NOK
+30.4%
Cash
261.2k NOK 323.1k NOK
+23.7%
Total assets
855.9k NOK 919.7k NOK
+7.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 361.2k NOK to 1.19m NOK (+229.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 409.9k NOK → 534.8k NOK (equity ratio 47.9% → 58.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 261.2k NOK → 323.1k NOK (+23.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +413.8k NOK → +160.1k NOK (op. margin 114.6% → 13.5%). Calculated

  • ↓

    Net result weakened

    Net result +321.3k NOK → +124.8k NOK (net margin 89.0% → 10.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6 000 NOK → 8 000 NOK. Reported fact