FirmaIQ
Org.nr 885 719 392 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET FØYEN AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-06-25; registry 2021-08-12; journal 2021 625662

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET FØYEN AS. Revenue 182.27m NOK → 173.22m NOK (-5.0%). Net result +651.6k NOK → +63.13m NOK. Equity 41.58m NOK → 42.44m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
182.27m NOK 173.22m NOK
-5.0%
Operating result
+61.53m NOK +63.17m NOK
+2.7%
Net result
+651.6k NOK +63.13m NOK
+9588.1%
Equity
41.58m NOK 42.44m NOK
+2.1%
Cash
19.63m NOK 31.89m NOK
+62.5%
Total assets
73.09m NOK 66.35m NOK
-9.2%

What improved

  • ↑

    Operating result improved

    Operating result +61.53m NOK → +63.17m NOK (op. margin 33.8% → 36.5%). Calculated

  • ↑

    Net result improved

    Net result +651.6k NOK → +63.13m NOK (net margin 0.4% → 36.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 41.58m NOK → 42.44m NOK (equity ratio 56.9% → 64.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 19.63m NOK → 31.89m NOK (+62.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 182.27m NOK to 173.22m NOK (-5.0% YoY). Calculated