ADVOKAT ULF E HANSEN AS: årsregnskap 2020 vs 2019
Grew 13% on revenue, stronger earnings
approved 2021-04-27; registry 2021-05-01; journal 2021 243691
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT ULF E HANSEN AS. Revenue 6.46m NOK → 7.33m NOK (+13.4%). Net result +1.02m NOK → +1.89m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
6.46m NOK
7.33m NOK
+13.4%
Operating result
+1.32m NOK
+2.43m NOK
+84.3%
Net result
+1.02m NOK
+1.89m NOK
+84.5%
Equity
n/m
30.0k NOK
—
Cash
1.68m NOK
2.88m NOK
+71.0%
Total assets
2.29m NOK
3.51m NOK
+53.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 6.46m NOK to 7.33m NOK (+13.4% YoY). Calculated
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↑
Operating result improved
Operating result +1.32m NOK → +2.43m NOK (op. margin 20.4% → 33.1%). Calculated
-
↑
Net result improved
Net result +1.02m NOK → +1.89m NOK (net margin 15.9% → 25.8%). Calculated
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↑
Cash rose
Bank deposits 1.68m NOK → 2.88m NOK (+71.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 1.00× → 1.00×. Calculated