FirmaIQ
Org.nr 992 617 853 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET ANGELSHAUG & CO AS: årsregnskap 2020 vs 2019

Grew 10% on revenue, stronger earnings

approved 2021-04-29; registry 2021-05-03; journal 2021 249678

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET ANGELSHAUG & CO AS. Revenue 8.15m NOK → 8.94m NOK (+9.7%). Net result +37.2k NOK → +7.46m NOK. Equity -59.4k NOK → 400.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET ANGELSHAUG & CO AS.

At a glance

Scorecard

Revenue
8.15m NOK 8.94m NOK
+9.7%
Operating result
+132.8k NOK +531.3k NOK
+300.0%
Net result
+37.2k NOK +7.46m NOK
+19961.3%
Equity
-59.4k NOK 400.0k NOK
+772.8%
Cash
403.4k NOK 574.5k NOK
+42.4%
Total assets
3.69m NOK 3.94m NOK
+6.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.15m NOK to 8.94m NOK (+9.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +132.8k NOK → +531.3k NOK (op. margin 1.6% → 5.9%). Calculated

  • ↑

    Net result improved

    Net result +37.2k NOK → +7.46m NOK (net margin 0.5% → 83.5%). Calculated

  • ↑

    Equity strengthened

    Book equity -59.4k NOK → 400.0k NOK (equity ratio -1.6% → 10.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 403.4k NOK → 574.5k NOK (+42.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6.18m NOK → 6.30m NOK (76% → 70% of revenue). Calculated