FirmaIQ
Org.nr 914 320 763 2019 → 2020 Year-over-year analysis

ADVOKATENE BERG DITLEV-SIMONSEN AS: årsregnskap 2020 vs 2019

Grew 7% on revenue, stronger earnings

approved 2021-04-30; registry 2021-05-03; journal 2021 256758

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATENE BERG DITLEV-SIMONSEN AS. Revenue 10.64m NOK → 11.37m NOK (+6.8%). Net result +2.65m NOK → +3.53m NOK. Equity 92.5k NOK → 7.12m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATENE BERG DITLEV-SIMONSEN AS.

At a glance

Scorecard

Revenue
10.64m NOK 11.37m NOK
+6.8%
Operating result
+3.39m NOK +4.52m NOK
+33.3%
Net result
+2.65m NOK +3.53m NOK
+33.2%
Equity
92.5k NOK 7.12m NOK
+7598.0%
Cash
2.76m NOK 3.84m NOK
+39.2%
Total assets
4.90m NOK 6.03m NOK
+23.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.64m NOK to 11.37m NOK (+6.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.39m NOK → +4.52m NOK (op. margin 31.9% → 39.8%). Calculated

  • ↑

    Net result improved

    Net result +2.65m NOK → +3.53m NOK (net margin 24.9% → 31.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 92.5k NOK → 7.12m NOK (equity ratio 1.9% → 118.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.76m NOK → 3.84m NOK (+39.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 303.3k NOK → 305.0k NOK. Reported fact