FirmaIQ
Org.nr 995 483 335 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET EUROJURIS HAUGESUND AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-04-23; registry 2021-04-28; journal 2021 235017

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET EUROJURIS HAUGESUND AS. Revenue 28.90m NOK → 30.21m NOK (+4.6%). Net result +2.70m NOK → +4.19m NOK. Equity 3.15m NOK → 2.80m NOK.

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

Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET EUROJURIS HAUGESUND AS.

At a glance

Scorecard

Revenue
28.90m NOK 30.21m NOK
+4.6%
Operating result
+386.9k NOK +5.28m NOK
+1264.3%
Net result
+2.70m NOK +4.19m NOK
+55.0%
Equity
3.15m NOK 2.80m NOK
-11.1%
Cash
740.7k NOK 428.7k NOK
-42.1%
Total assets
12.63m NOK 14.19m NOK
+12.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 28.90m NOK to 30.21m NOK (+4.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +386.9k NOK → +5.28m NOK (op. margin 1.3% → 17.5%). Calculated

  • ↑

    Net result improved

    Net result +2.70m NOK → +4.19m NOK (net margin 9.3% → 13.9%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 3.15m NOK → 2.80m NOK (equity ratio 24.9% → 19.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 740.7k NOK → 428.7k NOK (-42.1% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 3.15m NOK → 2.80m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 18.44m NOK → 18.55m NOK (64% → 61% of revenue). Calculated