Org.nr 817 896 782 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET HEIN BÆRA AS: årsregnskap 2020 vs 2019

Stronger earnings, cash halved-plus

approved 2021-04-30; registry 2021-05-18; journal 2021 297274

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET HEIN BÆRA AS. Revenue 2.45m NOK → 2.41m NOK (-2.0%). Net result +141.0k NOK → +190.5k NOK. Equity 13 NOK → 1.30m NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET HEIN BÆRA AS.

Scorecard

Revenue
2.45m NOK 2.41m NOK
-2.0%
Operating result
+201.0k NOK +274.8k NOK
+36.7%
Net result
+141.0k NOK +190.5k NOK
+35.1%
Equity
13 NOK 1.30m NOK
+9993346.2%
Cash
718.7k NOK 289.6k NOK
-59.7%
Total assets
1.51m NOK 1.96m NOK
+30.0%

What improved

  • ↑

    Operating result improved

    Operating result +201.0k NOK → +274.8k NOK (op. margin 8.2% → 11.4%). Calculated

  • ↑

    Net result improved

    Net result +141.0k NOK → +190.5k NOK (net margin 5.7% → 7.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 13 NOK → 1.30m NOK (equity ratio 0.0% → 66.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.45m NOK to 2.41m NOK (-2.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 718.7k NOK → 289.6k NOK (-59.7% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2.4 → 1.2. Reported fact