FirmaIQ
Org.nr 993 533 521 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET BRÆKHUS, RØDVIK & CO AS: årsregnskap 2020 vs 2019

Stronger earnings, cash halved-plus

approved 2021-04-26; registry 2021-05-06; journal 2021 265725

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET BRÆKHUS, RØDVIK & CO AS. Revenue 2.63m NOK → 2.74m NOK (+4.4%). Net result +29.0k NOK → +127.8k NOK. Equity 1.39m NOK → 1.52m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.63m NOK 2.74m NOK
+4.4%
Operating result
+39.1k NOK +149.7k NOK
+282.5%
Net result
+29.0k NOK +127.8k NOK
+340.8%
Equity
1.39m NOK 1.52m NOK
+9.2%
Cash
899.8k NOK 119.8k NOK
-86.7%
Total assets
1.87m NOK 2.09m NOK
+12.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.63m NOK to 2.74m NOK (+4.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +39.1k NOK → +149.7k NOK (op. margin 1.5% → 5.5%). Calculated

  • ↑

    Net result improved

    Net result +29.0k NOK → +127.8k NOK (net margin 1.1% → 4.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.39m NOK → 1.52m NOK (equity ratio 74.4% → 72.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.74m NOK → 1.61m NOK (66% → 59% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 899.8k NOK → 119.8k NOK (-86.7% YoY). Calculated