FirmaIQ
Org.nr 918 493 964 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET BAX AS: årsregnskap 2020 vs 2019

Grew 15% on revenue, stronger earnings

approved 2021-04-12; registry 2021-04-17; journal 2021 205047

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET BAX AS. Revenue 8.66m NOK → 9.92m NOK (+14.6%). Net result +3.13m NOK → +3.85m NOK. Equity 10.29m NOK → 10.30m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET BAX AS.

At a glance

Scorecard

Revenue
8.66m NOK 9.92m NOK
+14.6%
Operating result
+4.02m NOK +4.94m NOK
+22.8%
Net result
+3.13m NOK +3.85m NOK
+23.0%
Equity
10.29m NOK 10.30m NOK
+0.0%
Cash
2.45m NOK 4.12m NOK
+68.1%
Total assets
6.03m NOK 7.17m NOK
+18.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.66m NOK to 9.92m NOK (+14.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.02m NOK → +4.94m NOK (op. margin 46.5% → 49.8%). Calculated

  • ↑

    Net result improved

    Net result +3.13m NOK → +3.85m NOK (net margin 36.2% → 38.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 10.29m NOK → 10.30m NOK (equity ratio 170.8% → 143.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.45m NOK → 4.12m NOK (+68.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 12.9k NOK → 55.2k NOK (+326.5% YoY). Calculated