ADVOKATFIRMA FINNE LANGE AS: årsregnskap 2020 vs 2019
Grew 27% on revenue, weaker earnings
approved 2021-04-27; registry 2021-04-29; journal 2021 241212
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMA FINNE LANGE AS. Revenue 2.77m NOK → 3.53m NOK (+27.3%). Net result +755.4k NOK → +529.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
2.77m NOK
3.53m NOK
+27.3%
Operating result
+959.4k NOK
+23.5k NOK
-97.6%
Net result
+755.4k NOK
+529.1k NOK
-30.0%
Cash
2.55m NOK
4.08m NOK
+59.9%
Total assets
4.34m NOK
5.36m NOK
+23.6%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.77m NOK to 3.53m NOK (+27.3% YoY). Calculated
-
↑
Cash rose
Bank deposits 2.55m NOK → 4.08m NOK (+59.9% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +959.4k NOK → +23.5k NOK (op. margin 34.6% → 0.7%). Calculated
-
↓
Net result weakened
Net result +755.4k NOK → +529.1k NOK (net margin 27.2% → 15.0%). Calculated