Org.nr 998 736 145 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET REITEVOLD AS: årsregnskap 2020 vs 2019

Grew 6% on revenue

approved 2021-02-17; registry 2021-02-20; journal 2021 119807

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET REITEVOLD AS. Revenue 743.1k NOK → 791.1k NOK (+6.5%). Net result +4 498 NOK → +13.2k NOK. Equity 178.9k NOK → 12.19m NOK.

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

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

Scorecard

Revenue
743.1k NOK 791.1k NOK
+6.5%
Operating result
+4 450 NOK +13.7k NOK
+207.4%
Net result
+4 498 NOK +13.2k NOK
+193.2%
Equity
178.9k NOK 12.19m NOK
+6713.5%
Cash
408.8k NOK 600.8k NOK
+47.0%
Total assets
533.3k NOK 760.4k NOK
+42.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 743.1k NOK to 791.1k NOK (+6.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4 450 NOK → +13.7k NOK (op. margin 0.6% → 1.7%). Calculated

  • ↑

    Net result improved

    Net result +4 498 NOK → +13.2k NOK (net margin 0.6% → 1.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 178.9k NOK → 12.19m NOK (equity ratio 33.6% → 1603.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 408.8k NOK → 600.8k NOK (+47.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 579.5k NOK (0% → 73% of revenue). Calculated