Org.nr 916 708 874 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET KOLBJØRNSEN CYVIN AS: årsregnskap 2020 vs 2019

Grew 16% on revenue

approved 2021-03-03; registry 2021-04-08; journal 2021 188937

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET KOLBJØRNSEN CYVIN AS. Revenue 4.08m NOK → 4.74m NOK (+16.3%). Equity 107.5k NOK → 222.3k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET KOLBJØRNSEN CYVIN AS.

At a glance

Revenue

4.08m NOK 4.74m NOK

+16.3%

Operating result

n/m +164.4k NOK

—

Net result

n/m +114.8k NOK

—

Equity

107.5k NOK 222.3k NOK

+106.8%

Cash

144.1k NOK 254.6k NOK

+76.7%

Total assets

158.8k NOK 175.1k NOK

+10.3%

↑
Revenue rose

Operating income / revenue moved from 4.08m NOK to 4.74m NOK (+16.3% YoY). Calculated
↑
Equity strengthened

Book equity 107.5k NOK → 222.3k NOK (equity ratio 67.7% → 127.0%). Calculated
↑
Cash rose

Bank deposits 144.1k NOK → 254.6k NOK (+76.7% YoY). Calculated

·
Payroll increased

Salary cost 2.32m NOK → 3.29m NOK (57% → 69% of revenue). Calculated
·
COGS fell

COGS / varekostnad 179.3k NOK → 48.4k NOK (-73.0% YoY). Calculated