Org.nr 981 255 062 2019 → 2020 Year-over-year analysis

ADVOKATFIRMA KNUT PEDERSEN AS: årsregnskap 2020 vs 2019

Grew 14% on revenue

approved 2021-01-31; registry 2021-02-27; journal 2021 127223

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMA KNUT PEDERSEN AS. Revenue 4.54m NOK → 5.18m NOK (+14.1%). Equity 16.50m NOK → 15.99m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA KNUT PEDERSEN AS.

Scorecard

Revenue
4.54m NOK 5.18m NOK
+14.1%
Operating result
n/m +2.17m NOK
—
Net result
n/m +1.83m NOK
—
Equity
16.50m NOK 15.99m NOK
-3.1%
Cash
13.59m NOK 13.30m NOK
-2.2%
Total assets
17.45m NOK 17.49m NOK
+0.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.54m NOK to 5.18m NOK (+14.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 16.50m NOK → 15.99m NOK (equity ratio 94.6% → 91.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 13.59m NOK → 13.30m NOK (-2.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.15m NOK → 2.17m NOK (47% → 42% of revenue). Calculated