ADVOKATFIRMAET LUNDBERG OG LANGVA AS: årsregnskap 2020 vs 2019
Grew 234871% on revenue, stronger earnings
approved 2021-04-29; registry 2021-05-03; journal 2021 251552
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET LUNDBERG OG LANGVA AS. Revenue 1 836 NOK → 4.31m NOK (+234871.5%). Net result +46.0k NOK → +1.06m NOK. Equity 246.0k NOK → 1.00m 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 LUNDBERG OG LANGVA AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1 836 NOK to 4.31m NOK (+234871.5% YoY). Calculated
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Operating result improved
Operating result +54.6k NOK → +1.36m NOK (op. margin 2974.6% → 31.5%). Calculated
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Net result improved
Net result +46.0k NOK → +1.06m NOK (net margin 2507.5% → 24.5%). Calculated
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Equity strengthened
Book equity 246.0k NOK → 1.00m NOK (equity ratio 74.7% → 38.0%). Calculated
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Cash rose
Bank deposits 172.4k NOK → 547.7k NOK (+217.7% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1 085 NOK → 1.90m NOK (59% → 44% of revenue). Calculated
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COGS moved
COGS / varekostnad 73.0k NOK → 336.9k NOK (+361.6% YoY). Calculated