ADVOKATFIRMAET HAZELAND AS: årsregnskap 2020 vs 2019
Grew 277205% on revenue, weaker earnings
approved 2021-04-29; registry 2021-05-03; journal 2021 255590
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET HAZELAND AS. Revenue 1 749 NOK → 4.85m NOK (+277204.7%). Net result +545.1k NOK → +404.2k NOK. Equity 335.1k NOK → 739.3k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET HAZELAND AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 749 NOK to 4.85m NOK (+277204.7% YoY). Calculated
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↑
Equity strengthened
Book equity 335.1k NOK → 739.3k NOK (equity ratio 29.9% → 40.0%). Calculated
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↑
Cash rose
Bank deposits 6 614 NOK → 6.97m NOK (+105264.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +698.8k NOK → +524.3k NOK (op. margin 39954.4% → 10.8%). Calculated
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↓
Net result weakened
Net result +545.1k NOK → +404.2k NOK (net margin 31167.6% → 8.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 601 NOK → 3.00m NOK (149% → 62% of revenue). Calculated