FirmaIQ
Org.nr 996 440 869 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET RØSEID, TØNSBERG & KARLSTAD AS: årsregnskap 2020 vs 2019

Grew 27% on revenue, weaker earnings

approved 2021-04-30; registry 2021-05-03; journal 2021 254598

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET RØSEID, TØNSBERG & KARLSTAD AS. Revenue 10.09m NOK → 12.86m NOK (+27.4%). Net result +587.1k NOK → +151.1k NOK. Equity 656.1k NOK → 682.2k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET RØSEID, TØNSBERG & KARLSTAD AS.

At a glance

Scorecard

Revenue
10.09m NOK 12.86m NOK
+27.4%
Operating result
+755.2k NOK +519.1k NOK
-31.3%
Net result
+587.1k NOK +151.1k NOK
-74.3%
Equity
656.1k NOK 682.2k NOK
+4.0%
Cash
1.56m NOK 2.15m NOK
+37.8%
Total assets
4.65m NOK 5.47m NOK
+17.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.09m NOK to 12.86m NOK (+27.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 656.1k NOK → 682.2k NOK (equity ratio 14.1% → 12.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.56m NOK → 2.15m NOK (+37.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +755.2k NOK → +519.1k NOK (op. margin 7.5% → 4.0%). Calculated

  • ↓

    Net result weakened

    Net result +587.1k NOK → +151.1k NOK (net margin 5.8% → 1.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7.19m NOK → 8.48m NOK (71% → 66% of revenue). Calculated