FirmaIQ
Org.nr 919 513 063 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET BAHR AS: årsregnskap 2020 vs 2019

Grew 18% on revenue, stronger earnings

approved 2021-03-15; registry 2021-05-03; journal 2021 253164

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET BAHR AS. Revenue 760.03m NOK → 899.35m NOK (+18.3%). Net result +6.42m NOK → +8.22m NOK. Equity 10.12bn NOK → 10.10bn NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET BAHR AS.

At a glance

Scorecard

Revenue
760.03m NOK 899.35m NOK
+18.3%
Operating result
+409.96m NOK +518.93m NOK
+26.6%
Net result
+6.42m NOK +8.22m NOK
+28.1%
Equity
10.12bn NOK 10.10bn NOK
-0.1%
Cash
109.41m NOK 271.88m NOK
+148.5%
Total assets
459.31m NOK 617.11m NOK
+34.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 760.03m NOK to 899.35m NOK (+18.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +409.96m NOK → +518.93m NOK (op. margin 53.9% → 57.7%). Calculated

  • ↑

    Net result improved

    Net result +6.42m NOK → +8.22m NOK (net margin 0.8% → 0.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 109.41m NOK → 271.88m NOK (+148.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 10.12bn NOK → 10.10bn NOK (equity ratio 2202.7% → 1637.2%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 116.73m NOK → 103.01m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 3.26bn NOK → 3.29bn NOK (429% → 365% of revenue). Calculated