Org.nr 987 898 135 2019 → 2020 Year-over-year analysis

ADVOKATENE PÅ NORDSTRAND AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-04-27; registry 2021-05-03; journal 2021 249090

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATENE PÅ NORDSTRAND AS. Revenue 2.87m NOK → 2.89m NOK (+0.7%). Net result +305.1k NOK → +515.7k NOK. Equity 1.71m NOK → 1.93m NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVOKATENE PÅ NORDSTRAND AS.

Scorecard

Revenue
2.87m NOK 2.89m NOK
+0.7%
Operating result
+377.9k NOK +656.6k NOK
+73.7%
Net result
+305.1k NOK +515.7k NOK
+69.0%
Equity
1.71m NOK 1.93m NOK
+12.6%
Cash
1.91m NOK 2.04m NOK
+7.3%
Total assets
2.24m NOK 2.52m NOK
+12.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.87m NOK to 2.89m NOK (+0.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +377.9k NOK → +656.6k NOK (op. margin 13.2% → 22.7%). Calculated

  • ↑

    Net result improved

    Net result +305.1k NOK → +515.7k NOK (net margin 10.6% → 17.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.71m NOK → 1.93m NOK (equity ratio 76.3% → 76.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.91m NOK → 2.04m NOK (+7.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 482 NOK → 156.1k NOK (+32292.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 84.9k NOK → 49.9k NOK. Reported fact