FirmaIQ
Org.nr 991 099 751 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET HASLE AS: årsregnskap 2020 vs 2019

Grew 761% on revenue, stronger earnings, fresh owner capital

approved 2021-04-29; registry 2021-05-03; journal 2021 256896

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET HASLE AS. Revenue 2.86m NOK → 24.58m NOK (+760.6%). Net result +77.1k NOK → +7.78m NOK. Equity 225.3k NOK → 7.72m 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 HASLE AS.

At a glance

Scorecard

Revenue
2.86m NOK 24.58m NOK
+760.6%
Operating result
+100.1k NOK +799.8k NOK
+698.9%
Net result
+77.1k NOK +7.78m NOK
+9994.7%
Equity
225.3k NOK 7.72m NOK
+3326.0%
Cash
1.73m NOK 5.60m NOK
+223.8%
Total assets
2.22m NOK 11.41m NOK
+414.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.86m NOK to 24.58m NOK (+760.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +100.1k NOK → +799.8k NOK (op. margin 3.5% → 3.3%). Calculated

  • ↑

    Net result improved

    Net result +77.1k NOK → +7.78m NOK (net margin 2.7% → 31.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 225.3k NOK → 7.72m NOK (equity ratio 10.2% → 67.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.73m NOK → 5.60m NOK (+223.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.30m NOK → 12.93m NOK (45% → 53% of revenue). Calculated