Org.nr 982 409 705 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET ARNTZEN AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-03-17; registry 2021-04-15; journal 2021 202011

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET ARNTZEN AS. Revenue 441.80m NOK → 455.24m NOK (+3.0%). Net result +1.80m NOK → +1.84m NOK. Equity 228.7k NOK → 228.7k NOK.

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

Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ARNTZEN AS.

Scorecard

Revenue
441.80m NOK 455.24m NOK
+3.0%
Operating result
+233.17m NOK +236.44m NOK
+1.4%
Net result
+1.80m NOK +1.84m NOK
+1.9%
Equity
228.7k NOK 228.7k NOK
0.0%
Cash
52.90m NOK 57.02m NOK
+7.8%
Total assets
243.26m NOK 244.97m NOK
+0.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 441.80m NOK to 455.24m NOK (+3.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +233.17m NOK → +236.44m NOK (op. margin 52.8% → 51.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 52.90m NOK → 57.02m NOK (+7.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 210.2k NOK → 214.5k NOK (+4 290 NOK). Reported fact

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 2.14bn NOK → 2.15bn NOK (484% → 472% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 251.0k NOK → 72.3k NOK. Reported fact