ADVOKATFIRMAET VIKSE AS: årsregnskap 2020 vs 2019
Grew 19% on revenue, stronger earnings
approved 2021-01-29; registry 2021-02-01; journal 2021 111691
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET VIKSE AS. Revenue 1.71m NOK → 2.04m NOK (+19.4%). Net result +461.5k NOK → +563.0k NOK. Equity 31.6k NOK → 34.6k 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 VIKSE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.71m NOK to 2.04m NOK (+19.4% YoY). Calculated
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Operating result improved
Operating result +592.4k NOK → +721.9k NOK (op. margin 34.7% → 35.4%). Calculated
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Net result improved
Net result +461.5k NOK → +563.0k NOK (net margin 27.0% → 27.6%). Calculated
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Equity strengthened
Book equity 31.6k NOK → 34.6k NOK (equity ratio 3.6% → 7.6%). Calculated
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Cash rose
Bank deposits 239.5k NOK → 769.6k NOK (+221.3% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 767.4k NOK → 886.4k NOK (45% → 43% of revenue). Calculated