ADVOKATFIRMAET T-HOX AS: årsregnskap 2020 vs 2019
Grew 1201% on revenue, returned to profit
approved 2021-06-12; registry 2021-07-05; journal 2021 520976
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET T-HOX AS. Revenue 50.0k NOK → 650.5k NOK (+1201.0%). Net result -370.0k NOK → +169.0k NOK. Equity -2.62m NOK → 3.55m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET T-HOX AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 50.0k NOK to 650.5k NOK (+1201.0% YoY). Calculated
-
↑
Operating result improved
Operating result -626.9k NOK → +188.5k NOK (op. margin -1253.9% → 29.0%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 370.0k NOK to a profit of 169.0k NOK. Calculated
-
↑
Equity strengthened
Book equity -2.62m NOK → 3.55m NOK (equity ratio -123.5% → 58.7%). Calculated
-
↑
Cash rose
Bank deposits 1.50m NOK → 5.39m NOK (+259.8% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1 577 NOK → 350.1k NOK (3% → 54% of revenue). Calculated