ADVOKATFIRMA POLLAN THOWSEN AS: årsregnskap 2020 vs 2019
Grew 9% on revenue, returned to profit
approved 2021-04-13; registry 2021-04-20; journal 2021 212277
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMA POLLAN THOWSEN AS. Revenue 1.27m NOK → 1.38m NOK (+9.0%). Net result -35.7k NOK → +58.1k NOK. Equity 158.8k NOK → 216.9k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA POLLAN THOWSEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.27m NOK to 1.38m NOK (+9.0% YoY). Calculated
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Operating result improved
Operating result -45.6k NOK → +73.0k NOK (op. margin -3.6% → 5.3%). Calculated
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Turned profitable
Net result flipped from a loss of 35.7k NOK to a profit of 58.1k NOK. Calculated
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Equity strengthened
Book equity 158.8k NOK → 216.9k NOK (equity ratio 38.4% → 46.1%). Calculated
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Cash rose
Bank deposits 42.6k NOK → 222.2k NOK (+421.4% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 856.1k NOK → 865.5k NOK (68% → 63% of revenue). Calculated