FirmaIQ
Org.nr 997 509 552 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET TØNSET AS: årsregnskap 2020 vs 2019

Grew 43% on revenue, stronger earnings

approved 2021-06-22; registry 2021-08-12; journal 2021 628044

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET TØNSET AS. Revenue 6.19m NOK → 8.87m NOK (+43.5%). Net result +459.2k NOK → +7.80m NOK. Equity 300.0k NOK → 2.30m NOK.

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

Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET TØNSET AS.

At a glance

Scorecard

Revenue
6.19m NOK 8.87m NOK
+43.5%
Operating result
+1.86m NOK +851.7k NOK
-54.2%
Net result
+459.2k NOK +7.80m NOK
+1598.6%
Equity
300.0k NOK 2.30m NOK
+667.2%
Cash
1.38m NOK 2.83m NOK
+105.0%
Total assets
3.99m NOK 4.91m NOK
+23.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.19m NOK to 8.87m NOK (+43.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +459.2k NOK → +7.80m NOK (net margin 7.4% → 87.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 300.0k NOK → 2.30m NOK (equity ratio 7.5% → 46.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.38m NOK → 2.83m NOK (+105.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.23m NOK → 2.05m NOK (52% → 23% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.86m NOK → +851.7k NOK (op. margin 30.1% → 9.6%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 302 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 110.5k NOK → 190.5k NOK (+72.4% YoY). Calculated