FirmaIQ
Org.nr 995 251 329 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET JESSEN AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-02-03; registry 2021-02-11; journal 2021 115381

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET JESSEN AS. Revenue 2.03m NOK → 2.08m NOK (+2.4%). Net result +690.4k NOK → +771.0k NOK. Equity 1.62m NOK → 895.6k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET JESSEN AS.

At a glance

Scorecard

Revenue
2.03m NOK 2.08m NOK
+2.4%
Operating result
+855.2k NOK +969.7k NOK
+13.4%
Net result
+690.4k NOK +771.0k NOK
+11.7%
Equity
1.62m NOK 895.6k NOK
-44.9%
Cash
1.68m NOK 950.6k NOK
-43.5%
Total assets
2.31m NOK 1.43m NOK
-38.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.03m NOK to 2.08m NOK (+2.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +855.2k NOK → +969.7k NOK (op. margin 42.1% → 46.7%). Calculated

  • ↑

    Net result improved

    Net result +690.4k NOK → +771.0k NOK (net margin 34.0% → 37.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 791.5k NOK → 760.7k NOK (39% → 37% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.62m NOK → 895.6k NOK (equity ratio 70.3% → 62.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.68m NOK → 950.6k NOK (-43.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 60.0k NOK → 110.0k NOK. Reported fact