ADVOKATFIRMAET BERG AS: årsregnskap 2020 vs 2019
Grew 6312% on revenue, stronger earnings
approved 2021-04-30; registry 2021-05-03; journal 2021 255258
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET BERG AS. Revenue 105.0k NOK → 6.73m NOK (+6312.2%). Net result +66.5k NOK → +612.2k NOK. Equity -13.5k NOK → 598.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET BERG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 105.0k NOK to 6.73m NOK (+6312.2% YoY). Calculated
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Operating result improved
Operating result +53.5k NOK → +864.4k NOK (op. margin 51.0% → 12.8%). Calculated
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Net result improved
Net result +66.5k NOK → +612.2k NOK (net margin 63.4% → 9.1%). Calculated
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Equity strengthened
Book equity -13.5k NOK → 598.6k NOK (equity ratio -3.0% → 1316.3%). Calculated
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Cash rose
Bank deposits 1 664 NOK → 133.3k NOK (+7908.2% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1.45m NOK → 3.44m NOK (1379% → 51% of revenue). Calculated
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COGS fell
COGS / varekostnad 27.7k NOK → 3 750 NOK (-86.5% YoY). Calculated