ADVOKATFIRMA EUROJURIS NORD AS: årsregnskap 2020 vs 2019
Grew 102% on revenue, weaker earnings, fresh owner capital
approved 2020-12-31; registry 2021-05-03; journal 2021 255958
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMA EUROJURIS NORD AS. Revenue 7.50m NOK → 15.16m NOK (+102.0%). Net result +342.0k NOK → +8 732 NOK. Equity 1.73m NOK → 6.24m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA EUROJURIS NORD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.50m NOK to 15.16m NOK (+102.0% YoY). Calculated
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Operating result improved
Operating result +413.3k NOK → +728.8k NOK (op. margin 5.5% → 4.8%). Calculated
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Equity strengthened
Book equity 1.73m NOK → 6.24m NOK (equity ratio 29.4% → 64.5%). Calculated
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Cash rose
Bank deposits 3.73m NOK → 4.31m NOK (+15.5% YoY). Calculated
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Owners injected capital
Paid-in equity rose 109.0k NOK → 929.3k NOK (+820.3k NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result +342.0k NOK → +8 732 NOK (net margin 4.6% → 0.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 5.36m NOK → 8.00m NOK (71% → 53% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 14.9k NOK → 42.9k NOK. Reported fact