Org.nr 922 724 709 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET MEJDELL JAKOBSEN AS: årsregnskap 2020 vs 2019

Grew 152572% on revenue, weaker earnings

approved 2021-04-13; registry 2021-04-19; journal 2021 207258

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET MEJDELL JAKOBSEN AS. Revenue 3 441 NOK → 5.25m NOK (+152571.5%). Net result +931.8k NOK → +715.3k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET MEJDELL JAKOBSEN AS.

Scorecard

Revenue
3 441 NOK 5.25m NOK
+152571.5%
Operating result
+1.20m NOK +934.2k NOK
-22.0%
Net result
+931.8k NOK +715.3k NOK
-23.2%
Equity
n/m 1.35m NOK
—
Cash
925.6k NOK 895.0k NOK
-3.3%
Total assets
2.74m NOK 2.87m NOK
+4.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3 441 NOK to 5.25m NOK (+152571.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.20m NOK → +934.2k NOK (op. margin 34785.7% → 17.8%). Calculated

  • ↓

    Net result weakened

    Net result +931.8k NOK → +715.3k NOK (net margin 27078.2% → 13.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 925.6k NOK → 895.0k NOK (-3.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3 587 NOK → 3.15m NOK (104% → 60% of revenue). Calculated