ADVOKAT SVEIN DRANGEID AS: årsregnskap 2020 vs 2019
Grew 7% on revenue, stronger earnings
approved 2021-04-15; registry 2021-04-19; journal 2021 208054
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT SVEIN DRANGEID AS. Revenue 1.61m NOK → 1.73m NOK (+7.5%). Net result +148.6k NOK → +307.9k NOK. Equity 272.4k NOK → 450.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.61m NOK to 1.73m NOK (+7.5% YoY). Calculated
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Operating result improved
Operating result +194.8k NOK → +393.6k NOK (op. margin 12.1% → 22.8%). Calculated
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Net result improved
Net result +148.6k NOK → +307.9k NOK (net margin 9.2% → 17.8%). Calculated
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Equity strengthened
Book equity 272.4k NOK → 450.3k NOK (equity ratio 28.9% → 51.6%). Calculated
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Payroll decreased
Salary cost 992.8k NOK → 951.7k NOK (62% → 55% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 47.0k NOK → 35.8k NOK (-23.7% YoY). Calculated