FirmaIQ
Org.nr 987 665 440 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET SALOMON JOHANSEN AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-04-30; registry 2021-05-03; journal 2021 254608

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET SALOMON JOHANSEN AS. Revenue 30.62m NOK → 29.22m NOK (-4.6%). Net result +64.9k NOK → +4.52m NOK. Equity 4.53m NOK → 5.04m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
30.62m NOK 29.22m NOK
-4.6%
Operating result
-232.6k NOK +794.2k NOK
+441.5%
Net result
+64.9k NOK +4.52m NOK
+6864.2%
Equity
4.53m NOK 5.04m NOK
+11.4%
Cash
3.36m NOK 2.97m NOK
-11.5%
Total assets
15.24m NOK 15.32m NOK
+0.5%

What improved

  • ↑

    Operating result improved

    Operating result -232.6k NOK → +794.2k NOK (op. margin -0.8% → 2.7%). Calculated

  • ↑

    Net result improved

    Net result +64.9k NOK → +4.52m NOK (net margin 0.2% → 15.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.53m NOK → 5.04m NOK (equity ratio 29.7% → 32.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 22.86m NOK → 21.02m NOK (75% → 72% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 30.62m NOK to 29.22m NOK (-4.6% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 3.36m NOK → 2.97m NOK (-11.5% YoY). Calculated