ADVOKATEN AS: årsregnskap 2020 vs 2019
Grew 41% on revenue, stronger earnings, fresh owner capital
approved 2021-02-28; registry 2021-05-04; journal 2021 258992
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATEN AS. Revenue 372.7k NOK → 523.9k NOK (+40.6%). Net result +30.5k NOK → +43.6k NOK. Equity 70.8k NOK → 114.4k 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 ADVOKATEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 372.7k NOK to 523.9k NOK (+40.6% YoY). Calculated
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Operating result improved
Operating result +40.9k NOK → +57.9k NOK (op. margin 11.0% → 11.0%). Calculated
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Net result improved
Net result +30.5k NOK → +43.6k NOK (net margin 8.2% → 8.3%). Calculated
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Equity strengthened
Book equity 70.8k NOK → 114.4k NOK (equity ratio 73.1% → 79.7%). Calculated
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Cash rose
Bank deposits 96.8k NOK → 143.5k NOK (+48.2% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2 292 NOK → 374.9k NOK (1% → 72% of revenue). Calculated