ADVOKATFIRMAET LILLEØY- ANDERSEN AS: årsregnskap 2020 vs 2019
Grew 204% on revenue, stronger earnings
approved 2021-03-31; registry 2021-05-18; journal 2021 296142
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET LILLEØY- ANDERSEN AS. Revenue 701.8k NOK → 2.13m NOK (+204.1%). Net result +102.9k NOK → +481.5k NOK. Equity 294.0k NOK → 775.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 701.8k NOK to 2.13m NOK (+204.1% YoY). Calculated
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Operating result improved
Operating result +133.1k NOK → +623.1k NOK (op. margin 19.0% → 29.2%). Calculated
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Net result improved
Net result +102.9k NOK → +481.5k NOK (net margin 14.7% → 22.6%). Calculated
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Equity strengthened
Book equity 294.0k NOK → 775.5k NOK (equity ratio 35.3% → 218.3%). Calculated
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Cash rose
Bank deposits 285.5k NOK → 476.9k NOK (+67.1% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.70× → 0.60× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated