FirmaIQ
Org.nr 915 316 271 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET LIABØ & ØISTENSEN AS: årsregnskap 2020 vs 2019

Grew 36% on revenue, returned to profit

approved 2021-04-30; registry 2021-05-03; journal 2021 253552

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET LIABØ & ØISTENSEN AS. Revenue 2.13m NOK → 2.89m NOK (+35.9%). Net result -318.1k NOK → +302.1k NOK. Equity 205.8k NOK → 507.9k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.13m NOK 2.89m NOK
+35.9%
Operating result
-374.6k NOK +416.6k NOK
+211.2%
Net result
-318.1k NOK +302.1k NOK
+195.0%
Equity
205.8k NOK 507.9k NOK
+146.8%
Cash
17.5k NOK 51.8k NOK
+196.4%
Total assets
1.19m NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.13m NOK to 2.89m NOK (+35.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -374.6k NOK → +416.6k NOK (op. margin -17.6% → 14.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 318.1k NOK to a profit of 302.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 205.8k NOK → 507.9k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 17.5k NOK → 51.8k NOK (+196.4% YoY). Calculated