FirmaIQ
Org.nr 915 138 039 2019 → 2020 Year-over-year analysis

ADVOKATFIRMA SULEIMAN & CO AS: årsregnskap 2020 vs 2019

Grew 16% on revenue, stronger earnings, cash halved-plus

approved 2021-04-30; registry 2021-05-03; journal 2021 255758

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMA SULEIMAN & CO AS. Revenue 15.14m NOK → 17.54m NOK (+15.8%). Net result +7 877 NOK → +277.3k NOK. Equity 1.36m NOK → 1.63m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA SULEIMAN & CO AS.

At a glance

Scorecard

Revenue
15.14m NOK 17.54m NOK
+15.8%
Operating result
+220.2k NOK +587.6k NOK
+166.8%
Net result
+7 877 NOK +277.3k NOK
+3420.5%
Equity
1.36m NOK 1.63m NOK
+20.4%
Cash
275.8k NOK 771 NOK
-99.7%
Total assets
4.66m NOK 6.80m NOK
+45.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.14m NOK to 17.54m NOK (+15.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +220.2k NOK → +587.6k NOK (op. margin 1.5% → 3.4%). Calculated

  • ↑

    Net result improved

    Net result +7 877 NOK → +277.3k NOK (net margin 0.1% → 1.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.36m NOK → 1.63m NOK (equity ratio 29.1% → 24.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 275.8k NOK → 771 NOK (-99.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 27.7k NOK → 54.5k NOK. Reported fact