Org.nr 921 757 603 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET HOHMANN AS: årsregnskap 2020 vs 2019

Grew 57358% on revenue, stronger earnings

approved 2021-03-15; registry 2021-03-20; journal 2021 158643

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET HOHMANN AS. Revenue 1 176 NOK → 675.7k NOK (+57357.9%). Net result +78.7k NOK → +276.9k NOK. Equity 106.2k NOK → 383.1k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET HOHMANN AS.

Scorecard

Revenue
1 176 NOK 675.7k NOK
+57357.9%
Operating result
n/m +358.4k NOK
—
Net result
+78.7k NOK +276.9k NOK
+252.0%
Equity
106.2k NOK 383.1k NOK
+260.8%
Cash
243.9k NOK 156.4k NOK
-35.9%
Total assets
608.7k NOK 694.2k NOK
+14.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 176 NOK to 675.7k NOK (+57357.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +78.7k NOK → +276.9k NOK (net margin 6691.2% → 41.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 106.2k NOK → 383.1k NOK (equity ratio 17.4% → 55.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 243.9k NOK → 156.4k NOK (-35.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 6 063 NOK → 13.8k NOK (+127.1% YoY). Calculated