FirmaIQ
Org.nr 992 851 171 2019 → 2020 Year-over-year analysis

ADVOKATENE BJØRBÆK AS: årsregnskap 2020 vs 2019

Grew 18% on revenue, stronger earnings

approved 2021-03-30; registry 2021-04-19; journal 2021 208192

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATENE BJØRBÆK AS. Revenue 3.08m NOK → 3.65m NOK (+18.5%). Net result +355.2k NOK → +596.4k NOK. Equity 702.2k NOK → 948.5k 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 ADVOKATENE BJØRBÆK AS.

At a glance

Scorecard

Revenue
3.08m NOK 3.65m NOK
+18.5%
Operating result
+463.8k NOK +764.8k NOK
+64.9%
Net result
+355.2k NOK +596.4k NOK
+67.9%
Equity
702.2k NOK 948.5k NOK
+35.1%
Cash
236.0k NOK 631.9k NOK
+167.7%
Total assets
1.35m NOK 1.70m NOK
+26.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.08m NOK to 3.65m NOK (+18.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +463.8k NOK → +764.8k NOK (op. margin 15.1% → 21.0%). Calculated

  • ↑

    Net result improved

    Net result +355.2k NOK → +596.4k NOK (net margin 11.5% → 16.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 702.2k NOK → 948.5k NOK (equity ratio 52.1% → 55.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 236.0k NOK → 631.9k NOK (+167.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.00m NOK → 2.13m NOK (65% → 58% of revenue). Calculated