FirmaIQ
Org.nr 920 271 669 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET GLOMDAL JURIDISKE AS: årsregnskap 2020 vs 2019

Grew 27% on revenue, fresh owner capital

approved 2021-04-30; registry 2021-05-03; journal 2021 257176

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET GLOMDAL JURIDISKE AS. Revenue 1.91m NOK → 2.43m NOK (+27.2%). Net result +469.5k NOK → +547.5k NOK. Equity 435.4k NOK → 732.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET GLOMDAL JURIDISKE AS.

At a glance

Scorecard

Revenue
1.91m NOK 2.43m NOK
+27.2%
Operating result
+601.4k NOK +706.1k NOK
+17.4%
Net result
+469.5k NOK +547.5k NOK
+16.6%
Equity
435.4k NOK 732.9k NOK
+68.3%
Cash
696.7k NOK 744.2k NOK
+6.8%
Total assets
72.4k NOK 1.75m NOK
+2316.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.91m NOK to 2.43m NOK (+27.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +601.4k NOK → +706.1k NOK (op. margin 31.4% → 29.0%). Calculated

  • ↑

    Net result improved

    Net result +469.5k NOK → +547.5k NOK (net margin 24.6% → 22.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 435.4k NOK → 732.9k NOK (equity ratio 601.0% → 41.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 696.7k NOK → 744.2k NOK (+6.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 832.9k NOK → 1.06m NOK (44% → 43% of revenue). Calculated