FirmaIQ
Org.nr 912 125 084 2019 → 2020 Year-over-year analysis

ADVOKATFIRMA TJØNNDAL AS: årsregnskap 2020 vs 2019

Grew 14% on revenue

approved 2021-03-17; registry 2021-03-22; journal 2021 163418

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMA TJØNNDAL AS. Revenue 3.64m NOK → 4.15m NOK (+13.9%). Net result +326.0k NOK → +308.6k NOK. Equity 1.66m NOK → 1.97m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
3.64m NOK 4.15m NOK
+13.9%
Operating result
+407.6k NOK +388.8k NOK
-4.6%
Net result
+326.0k NOK +308.6k NOK
-5.3%
Equity
1.66m NOK 1.97m NOK
+18.6%
Cash
2.24m NOK 2.99m NOK
+33.5%
Total assets
2.96m NOK 3.55m NOK
+19.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.64m NOK to 4.15m NOK (+13.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.66m NOK → 1.97m NOK (equity ratio 56.2% → 55.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.24m NOK → 2.99m NOK (+33.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +407.6k NOK → +388.8k NOK (op. margin 11.2% → 9.4%). Calculated

  • ↓

    Net result weakened

    Net result +326.0k NOK → +308.6k NOK (net margin 8.9% → 7.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.32m NOK → 2.69m NOK (64% → 65% of revenue). Calculated