FirmaIQ
Org.nr 991 435 271 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET ALVER AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-04-29; registry 2021-05-03; journal 2021 256624

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET ALVER AS. Revenue 19.43m NOK → 19.92m NOK (+2.6%). Net result +1.02m NOK → +3.32m NOK. Equity 1.75m NOK → 1.97m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
19.43m NOK 19.92m NOK
+2.6%
Operating result
+1.32m NOK +4.26m NOK
+222.5%
Net result
+1.02m NOK +3.32m NOK
+224.4%
Equity
1.75m NOK 1.97m NOK
+12.3%
Cash
546.3k NOK 355.0k NOK
-35.0%
Total assets
9.97m NOK 8.95m NOK
-10.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 19.43m NOK to 19.92m NOK (+2.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.32m NOK → +4.26m NOK (op. margin 6.8% → 21.4%). Calculated

  • ↑

    Net result improved

    Net result +1.02m NOK → +3.32m NOK (net margin 5.3% → 16.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.75m NOK → 1.97m NOK (equity ratio 17.6% → 22.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 12.88m NOK → 11.10m NOK (66% → 56% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 546.3k NOK → 355.0k NOK (-35.0% YoY). Calculated