FirmaIQ
Org.nr 919 874 562 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET LEGAL AS: årsregnskap 2020 vs 2019

Grew 5% on revenue

approved 2021-04-29; registry 2021-05-04; journal 2021 257582

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET LEGAL AS. Revenue 11.89m NOK → 12.53m NOK (+5.4%). Net result +7.48m NOK → +7.97m NOK. Equity 1.16m NOK → 1.79m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
11.89m NOK 12.53m NOK
+5.4%
Operating result
+7.55m NOK +8.04m NOK
+6.5%
Net result
+7.48m NOK +7.97m NOK
+6.6%
Equity
1.16m NOK 1.79m NOK
+54.8%
Cash
31.3k NOK 1.06m NOK
+3299.8%
Total assets
1.98m NOK 2.76m NOK
+39.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.89m NOK to 12.53m NOK (+5.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +7.55m NOK → +8.04m NOK (op. margin 63.5% → 64.2%). Calculated

  • ↑

    Net result improved

    Net result +7.48m NOK → +7.97m NOK (net margin 62.9% → 63.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.16m NOK → 1.79m NOK (equity ratio 58.3% → 64.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 31.3k NOK → 1.06m NOK (+3299.8% YoY). Calculated