FirmaIQ
Org.nr 980 612 546 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET ÅKE SJØBERG AS: årsregnskap 2020 vs 2019

Grew 6% on revenue, cash halved-plus

registry 2021-05-01; journal 2021 243771

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET ÅKE SJØBERG AS. Revenue 4.42m NOK → 4.68m NOK (+5.9%). Net result +2.30m NOK → +2.50m NOK. Equity 2.03m NOK → 2.49m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ÅKE SJØBERG AS.

At a glance

Scorecard

Revenue
4.42m NOK 4.68m NOK
+5.9%
Operating result
+3.33m NOK +3.21m NOK
-3.5%
Net result
+2.30m NOK +2.50m NOK
+8.6%
Equity
2.03m NOK 2.49m NOK
+22.4%
Cash
998.8k NOK 194.3k NOK
-80.6%
Total assets
6.95m NOK 9.50m NOK
+36.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.42m NOK to 4.68m NOK (+5.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +2.30m NOK → +2.50m NOK (net margin 52.0% → 53.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.03m NOK → 2.49m NOK (equity ratio 29.3% → 26.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 929.8k NOK → 924.2k NOK (21% → 20% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3.33m NOK → +3.21m NOK (op. margin 75.3% → 68.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 998.8k NOK → 194.3k NOK (-80.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.91m NOK → 1.94m NOK. Reported fact