FirmaIQ
Org.nr 941 677 649 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET ROBERTSEN AS: årsregnskap 2020 vs 2019

Grew 16% on revenue, stronger earnings

approved 2021-04-29; registry 2021-05-03; journal 2021 250172

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET ROBERTSEN AS. Revenue 10.17m NOK → 11.76m NOK (+15.6%). Net result +251.7k NOK → +663.8k NOK. Equity 1.74m NOK → 1.80m NOK.

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

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

At a glance

Scorecard

Revenue
10.17m NOK 11.76m NOK
+15.6%
Operating result
+323.7k NOK +871.6k NOK
+169.3%
Net result
+251.7k NOK +663.8k NOK
+163.7%
Equity
1.74m NOK 1.80m NOK
+3.7%
Cash
2.63m NOK 1.99m NOK
-24.4%
Total assets
4.81m NOK 4.43m NOK
-7.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.17m NOK to 11.76m NOK (+15.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +323.7k NOK → +871.6k NOK (op. margin 3.2% → 7.4%). Calculated

  • ↑

    Net result improved

    Net result +251.7k NOK → +663.8k NOK (net margin 2.5% → 5.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.74m NOK → 1.80m NOK (equity ratio 36.1% → 40.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.63m NOK → 1.99m NOK (-24.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7.41m NOK → 8.40m NOK (73% → 71% of revenue). Calculated