ADVOKATFIRMAET RIISE & BROWN AS: årsregnskap 2020 vs 2019
Grew 19% on revenue, weaker earnings
approved 2021-04-29; registry 2021-05-03; journal 2021 251714
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET RIISE & BROWN AS. Revenue 4.90m NOK → 5.83m NOK (+18.8%). Net result +416.9k NOK → +41.1k NOK. Equity 702.3k NOK → 463.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET RIISE & BROWN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.90m NOK to 5.83m NOK (+18.8% YoY). Calculated
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↑
Cash rose
Bank deposits 252.5k NOK → 253.6k NOK (+0.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +79.52m NOK → +10 NOK (op. margin 1621.9% → 0.0%). Calculated
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↓
Net result weakened
Net result +416.9k NOK → +41.1k NOK (net margin 8.5% → 0.7%). Calculated
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↓
Equity eroded
Book equity 702.3k NOK → 463.4k NOK (equity ratio 36.5% → 23.7%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 11.26m NOK → 11.31m NOK. Reported fact