FirmaIQ
Org.nr 917 502 765 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET SHAH AS: årsregnskap 2020 vs 2019

Grew 41% on revenue, stronger earnings, cash halved-plus

approved 2021-04-30; registry 2021-05-03; journal 2021 256748

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET SHAH AS. Revenue 2.13m NOK → 3.02m NOK (+41.5%). Net result +197.7k NOK → +564.5k NOK. Equity 1.09m NOK → 1.66m 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 SHAH AS.

At a glance

Scorecard

Revenue
2.13m NOK 3.02m NOK
+41.5%
Operating result
+260.5k NOK +724.4k NOK
+178.1%
Net result
+197.7k NOK +564.5k NOK
+185.5%
Equity
1.09m NOK 1.66m NOK
+51.6%
Cash
823.1k NOK 134.7k NOK
-83.6%
Total assets
1.58m NOK 2.27m NOK
+43.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.13m NOK to 3.02m NOK (+41.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +260.5k NOK → +724.4k NOK (op. margin 12.2% → 24.0%). Calculated

  • ↑

    Net result improved

    Net result +197.7k NOK → +564.5k NOK (net margin 9.3% → 18.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.09m NOK → 1.66m NOK (equity ratio 69.4% → 73.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 823.1k NOK → 134.7k NOK (-83.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.02m NOK → 1.61m NOK (48% → 53% of revenue). Calculated