FirmaIQ
Org.nr 916 284 055 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET GLITTERTIND AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-04-28; registry 2021-05-03; journal 2021 253824

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET GLITTERTIND AS. Revenue 121.26m NOK → 122.79m NOK (+1.3%). Net result +65.77m NOK → +67.65m NOK. Equity 42.29m NOK → 36.94m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
121.26m NOK 122.79m NOK
+1.3%
Operating result
+65.94m NOK +67.84m NOK
+2.9%
Net result
+65.77m NOK +67.65m NOK
+2.9%
Equity
42.29m NOK 36.94m NOK
-12.7%
Cash
17.37m NOK 19.69m NOK
+13.4%
Total assets
57.61m NOK 50.86m NOK
-11.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 121.26m NOK to 122.79m NOK (+1.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +65.94m NOK → +67.84m NOK (op. margin 54.4% → 55.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 17.37m NOK → 19.69m NOK (+13.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 4.00m NOK → 4.50m NOK (+500.0k NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 42.29m NOK → 36.94m NOK (equity ratio 73.4% → 72.6%). Calculated