FirmaIQ
Org.nr 988 371 084 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET PRICEWATERHOUSECOOPERS AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2020-12-10; registry 2021-01-18; journal 2021 107176

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET PRICEWATERHOUSECOOPERS AS. Revenue 515.0k NOK → 523.2k NOK (+1.6%). Net result +590 NOK → +567.0k NOK. Equity 4.64m NOK → 4.85m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET PRICEWATERHOUSECOOPERS AS.

At a glance

Scorecard

Revenue
515.0k NOK 523.2k NOK
+1.6%
Operating result
n/m +69.58m NOK
—
Net result
+590 NOK +567.0k NOK
+96001.7%
Equity
4.64m NOK 4.85m NOK
+4.5%
Cash
40.86m NOK 44.55m NOK
+9.0%
Total assets
280.0k NOK 232.54m NOK
+82940.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 515.0k NOK to 523.2k NOK (+1.6% YoY). Calculated

  • ↑

    Net result improved

    Net result +590 NOK → +567.0k NOK (net margin 0.1% → 108.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.64m NOK → 4.85m NOK (equity ratio 1657.3% → 2.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 40.86m NOK → 44.55m NOK (+9.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 2.74m NOK → 2.76m NOK (+25.0k NOK). Reported fact

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 5.21m NOK → 5.22m NOK (1012% → 997% of revenue). Calculated