Org.nr 918 343 717 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET BRODWALL OG KVANVIK AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-04-30; registry 2021-05-03; journal 2021 253314

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET BRODWALL OG KVANVIK AS. Revenue 8.36m NOK → 8.41m NOK (+0.6%). Net result +2.72m NOK → +2.47m NOK. Equity 3.12m NOK → 3.59m NOK.

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

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

Scorecard

Revenue
8.36m NOK 8.41m NOK
+0.6%
Operating result
+3.44m NOK +3.19m NOK
-7.3%
Net result
+2.72m NOK +2.47m NOK
-9.0%
Equity
3.12m NOK 3.59m NOK
+15.2%
Cash
4.04m NOK 4.92m NOK
+21.9%
Total assets
4.68m NOK 5.70m NOK
+22.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.36m NOK to 8.41m NOK (+0.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 3.12m NOK → 3.59m NOK (equity ratio 66.6% → 62.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.04m NOK → 4.92m NOK (+21.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3.44m NOK → +3.19m NOK (op. margin 41.1% → 37.9%). Calculated

  • ↓

    Net result weakened

    Net result +2.72m NOK → +2.47m NOK (net margin 32.5% → 29.4%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 437.7k NOK → 784.3k NOK (+79.2% YoY). Calculated