FirmaIQ
Org.nr 986 516 018 2019 → 2020 Year-over-year analysis

ADVOKATFIRMA LOHNE KROKEIDE AS: årsregnskap 2020 vs 2019

Grew 25% on revenue, stronger earnings

approved 2021-04-29; registry 2021-05-03; journal 2021 249346

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMA LOHNE KROKEIDE AS. Revenue 9.63m NOK → 12.06m NOK (+25.2%). Net result +1.71m NOK → +3.74m NOK. Equity 536.5k NOK → 544.7k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMA LOHNE KROKEIDE AS.

At a glance

Scorecard

Revenue
9.63m NOK 12.06m NOK
+25.2%
Operating result
+2.17m NOK +4.78m NOK
+120.8%
Net result
+1.71m NOK +3.74m NOK
+119.0%
Equity
536.5k NOK 544.7k NOK
+1.5%
Cash
35.7k NOK 1.83m NOK
+5020.5%
Total assets
4.45m NOK 7.26m NOK
+63.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.63m NOK to 12.06m NOK (+25.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.17m NOK → +4.78m NOK (op. margin 22.5% → 39.6%). Calculated

  • ↑

    Net result improved

    Net result +1.71m NOK → +3.74m NOK (net margin 17.7% → 31.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 536.5k NOK → 544.7k NOK (equity ratio 12.1% → 7.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 35.7k NOK → 1.83m NOK (+5020.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation