ADVOKATFIRMAET LILAND AS: årsregnskap 2020 vs 2019
Grew 130% on revenue, stronger earnings
approved 2021-04-30; registry 2021-05-03; journal 2021 254700
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET LILAND AS. Revenue 748.9k NOK → 1.72m NOK (+130.3%). Net result +77.2k NOK → +160.5k NOK. Equity 478.9k NOK → 639.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET LILAND AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 748.9k NOK to 1.72m NOK (+130.3% YoY). Calculated
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Operating result improved
Operating result +98.9k NOK → +205.4k NOK (op. margin 13.2% → 11.9%). Calculated
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Net result improved
Net result +77.2k NOK → +160.5k NOK (net margin 10.3% → 9.3%). Calculated
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Equity strengthened
Book equity 478.9k NOK → 639.4k NOK (equity ratio 61.0% → 66.7%). Calculated
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Cash rose
Bank deposits 233.1k NOK → 276.6k NOK (+18.7% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1.16m NOK → 1.90m NOK (155% → 110% of revenue). Calculated
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COGS moved
COGS / varekostnad 614 NOK → 7 080 NOK (+1053.1% YoY). Calculated