FirmaIQ
Org.nr 981 371 593 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET WIERSHOLM AS: årsregnskap 2020 vs 2019

Grew 6% on revenue, stronger earnings

approved 2021-04-12; registry 2021-05-03; journal 2021 251476

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET WIERSHOLM AS. Revenue 850.10m NOK → 897.84m NOK (+5.6%). Net result +3.95m NOK → +456.12m NOK. Equity 1.19m NOK → 1.19m 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 WIERSHOLM AS.

At a glance

Scorecard

Revenue
850.10m NOK 897.84m NOK
+5.6%
Operating result
-19.7k NOK -18.8k NOK
+4.6%
Net result
+3.95m NOK +456.12m NOK
+11446.4%
Equity
1.19m NOK 1.19m NOK
0.0%
Cash
68.5k NOK 86.4k NOK
+26.2%
Total assets
6.29m NOK 6.78m NOK
+7.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 850.10m NOK to 897.84m NOK (+5.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -19.7k NOK → -18.8k NOK (op. margin -0.0% → -0.0%). Calculated

  • ↑

    Net result improved

    Net result +3.95m NOK → +456.12m NOK (net margin 0.5% → 50.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 68.5k NOK → 86.4k NOK (+26.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6.32bn NOK → 6.33bn NOK (743% → 705% of revenue). Calculated