FirmaIQ
Org.nr 920 969 798 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET SELMER AS: årsregnskap 2020 vs 2019

Grew 6% on revenue, fresh owner capital

approved 2021-02-18; registry 2021-04-14; journal 2021 200689

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET SELMER AS. Revenue 488.74m NOK → 518.24m NOK (+6.0%). Net result +166.03m NOK → +196.91m NOK. Equity 20.0k NOK → 900.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
488.74m NOK 518.24m NOK
+6.0%
Operating result
+166.66m NOK +197.29m NOK
+18.4%
Net result
+166.03m NOK +196.91m NOK
+18.6%
Equity
20.0k NOK 900.0k NOK
+4400.0%
Cash
66.94m NOK 112.74m NOK
+68.4%
Total assets
234.95m NOK 277.27m NOK
+18.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 488.74m NOK to 518.24m NOK (+6.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +166.66m NOK → +197.29m NOK (op. margin 34.1% → 38.1%). Calculated

  • ↑

    Net result improved

    Net result +166.03m NOK → +196.91m NOK (net margin 34.0% → 38.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 20.0k NOK → 900.0k NOK (equity ratio 0.0% → 0.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 66.94m NOK → 112.74m NOK (+68.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 231.74m NOK → 233.02m NOK (47% → 45% of revenue). Calculated