ADVOKATFIRMAET LEGALIS AS: årsregnskap 2020 vs 2019
Grew 17% on revenue, stronger earnings
approved 2021-02-24; registry 2021-04-17; journal 2021 203985
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET LEGALIS AS. Revenue 35.90m NOK → 41.92m NOK (+16.8%). Net result +2.83m NOK → +3.73m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET LEGALIS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 35.90m NOK to 41.92m NOK (+16.8% YoY). Calculated
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Operating result improved
Operating result +3.68m NOK → +4.73m NOK (op. margin 10.2% → 11.3%). Calculated
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Net result improved
Net result +2.83m NOK → +3.73m NOK (net margin 7.9% → 8.9%). Calculated
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Payroll decreased
Salary cost 22.57m NOK → 21.35m NOK (63% → 51% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 4.44m NOK → 2.55m NOK (-42.6% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1 121 NOK → 1.30m NOK (+115834.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.23m NOK → 1.20m NOK. Reported fact