FirmaIQ
Org.nr 994 267 256 2019 → 2020 Year-over-year analysis

ADVOKATENE SVEEN AS: årsregnskap 2020 vs 2019

Grew 22% on revenue, stronger earnings

approved 2021-04-27; registry 2021-04-29; journal 2021 240182

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATENE SVEEN AS. Revenue 3.06m NOK → 3.72m NOK (+21.8%). Net result +62.1k NOK → +284.5k NOK. Equity 1.13m NOK → 1.41m 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
3.06m NOK 3.72m NOK
+21.8%
Operating result
+72.5k NOK +435.9k NOK
+501.6%
Net result
+62.1k NOK +284.5k NOK
+358.2%
Equity
1.13m NOK 1.41m NOK
+25.3%
Cash
188 NOK 175.54m NOK
+93369680.9%
Total assets
1.87m NOK 2.22m NOK
+18.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.06m NOK to 3.72m NOK (+21.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +72.5k NOK → +435.9k NOK (op. margin 2.4% → 11.7%). Calculated

  • ↑

    Net result improved

    Net result +62.1k NOK → +284.5k NOK (net margin 2.0% → 7.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.13m NOK → 1.41m NOK (equity ratio 60.2% → 63.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 188 NOK → 175.54m NOK (+93369680.9% YoY). Calculated