FirmaIQ
Org.nr 915 935 745 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET REVHEIM AS: årsregnskap 2020 vs 2019

Grew 16% on revenue, stronger earnings, cash halved-plus

approved 2021-01-10; registry 2021-03-29; journal 2021 174386

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET REVHEIM AS. Revenue 2.03m NOK → 2.35m NOK (+15.5%). Net result +54.5k NOK → +330.0k NOK. Equity 574.3k NOK → 11.90m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET REVHEIM AS.

At a glance

Scorecard

Revenue
2.03m NOK 2.35m NOK
+15.5%
Operating result
n/m +417.8k NOK
—
Net result
+54.5k NOK +330.0k NOK
+505.1%
Equity
574.3k NOK 11.90m NOK
+1973.0%
Cash
561.9k NOK 1 167 NOK
-99.8%
Total assets
219.4k NOK 1.78m NOK
+710.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.03m NOK to 2.35m NOK (+15.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +54.5k NOK → +330.0k NOK (net margin 2.7% → 14.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 574.3k NOK → 11.90m NOK (equity ratio 261.7% → 669.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 561.9k NOK → 1 167 NOK (-99.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.50× → 0.59× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 252.9k NOK → 258.3k NOK. Reported fact