FirmaIQ
Org.nr 889 553 472 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET WANGBERG AS: årsregnskap 2020 vs 2019

Grew 8% on revenue, stronger earnings

approved 2021-04-28; registry 2021-05-03; journal 2021 256552

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET WANGBERG AS. Revenue 4.64m NOK → 5.01m NOK (+7.8%). Net result +748.2k NOK → +1.10m NOK. Equity 566.0k NOK → 611.5k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
4.64m NOK 5.01m NOK
+7.8%
Operating result
+968.6k NOK +410.5k NOK
-57.6%
Net result
+748.2k NOK +1.10m NOK
+46.4%
Equity
566.0k NOK 611.5k NOK
+8.0%
Cash
191.2k NOK 469.5k NOK
+145.6%
Total assets
2.56m NOK 2.59m NOK
+1.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.64m NOK to 5.01m NOK (+7.8% YoY). Calculated

  • ↑

    Net result improved

    Net result +748.2k NOK → +1.10m NOK (net margin 16.1% → 21.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 566.0k NOK → 611.5k NOK (equity ratio 22.1% → 23.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 191.2k NOK → 469.5k NOK (+145.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.20m NOK → 2.16m NOK (47% → 43% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +968.6k NOK → +410.5k NOK (op. margin 20.9% → 8.2%). Calculated