FirmaIQ
Org.nr 913 094 816 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET BJØRNEBEKK OG MARTINSEN AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-04-21; registry 2021-05-03; journal 2021 251014

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET BJØRNEBEKK OG MARTINSEN AS. Revenue 5.35m NOK → 5.42m NOK (+1.2%). Net result +963.5k NOK → +555.0k NOK. Equity 960.0k NOK → 515.1k NOK.

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

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

At a glance

Scorecard

Revenue
5.35m NOK 5.42m NOK
+1.2%
Operating result
+203.2k NOK +790.6k NOK
+289.1%
Net result
+963.5k NOK +555.0k NOK
-42.4%
Equity
960.0k NOK 515.1k NOK
-46.3%
Cash
662.5k NOK 826.9k NOK
+24.8%
Total assets
2.40m NOK 1.86m NOK
-22.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.35m NOK to 5.42m NOK (+1.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +203.2k NOK → +790.6k NOK (op. margin 3.8% → 14.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 662.5k NOK → 826.9k NOK (+24.8% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +963.5k NOK → +555.0k NOK (net margin 18.0% → 10.2%). Calculated

  • ↓

    Equity eroded

    Book equity 960.0k NOK → 515.1k NOK (equity ratio 40.0% → 27.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 9 196 NOK → 77.2k NOK (+739.3% YoY). Calculated