FirmaIQ
Org.nr 918 329 110 2019 → 2020 Year-over-year analysis

ADVOKATFIRMA SYVERTSEN AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-04-30; registry 2021-05-05; journal 2021 263445

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMA SYVERTSEN AS. Revenue 2.19m NOK → 2.22m NOK (+1.5%). Net result +817.1k NOK → +919.0k NOK. Equity 12.20m NOK → 11.72m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA SYVERTSEN AS.

At a glance

Scorecard

Revenue
2.19m NOK 2.22m NOK
+1.5%
Operating result
+1.05m NOK +1.17m NOK
+12.1%
Net result
+817.1k NOK +919.0k NOK
+12.5%
Equity
12.20m NOK 11.72m NOK
-3.9%
Cash
112.2k NOK 96.5k NOK
-14.0%
Total assets
1.54m NOK 2.23m NOK
+44.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.19m NOK to 2.22m NOK (+1.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.05m NOK → +1.17m NOK (op. margin 47.8% → 52.8%). Calculated

  • ↑

    Net result improved

    Net result +817.1k NOK → +919.0k NOK (net margin 37.3% → 41.3%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 12.20m NOK → 11.72m NOK (equity ratio 791.5% → 526.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 112.2k NOK → 96.5k NOK (-14.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 55.6k NOK → 2 702 NOK (-95.1% YoY). Calculated