FirmaIQ
Org.nr 916 804 857 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET SPORSHEIM AS: årsregnskap 2020 vs 2019

Grew 12% on revenue, weaker earnings

registry 2021-04-29; journal 2021 240768

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET SPORSHEIM AS. Revenue 3.14m NOK → 3.50m NOK (+11.6%). Net result +373.7k NOK → +182.3k NOK. Equity 50.7k NOK → 233.0k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET SPORSHEIM AS.

At a glance

Scorecard

Revenue
3.14m NOK 3.50m NOK
+11.6%
Operating result
-453.3k NOK +258.6k NOK
+157.0%
Net result
+373.7k NOK +182.3k NOK
-51.2%
Equity
50.7k NOK 233.0k NOK
+359.9%
Cash
71.1k NOK 342.8k NOK
+382.4%
Total assets
1.89m NOK 2.10m NOK
+10.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.14m NOK to 3.50m NOK (+11.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -453.3k NOK → +258.6k NOK (op. margin -14.4% → 7.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 50.7k NOK → 233.0k NOK (equity ratio 2.7% → 11.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 71.1k NOK → 342.8k NOK (+382.4% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +373.7k NOK → +182.3k NOK (net margin 11.9% → 5.2%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 37.6k NOK → 28.7k NOK (-23.8% YoY). Calculated