ADVOKATFIRMAET WOLD AS: årsregnskap 2020 vs 2019
Grew 21% on revenue
approved 2021-02-15; registry 2021-02-23; journal 2021 123648
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET WOLD AS. Revenue 7.12m NOK → 8.58m NOK (+20.5%). Equity 2.32m NOK → 2.63m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET WOLD AS.
At a glance
Scorecard
Revenue
7.12m NOK
8.58m NOK
+20.5%
Operating result
n/m
+1.42m NOK
—
Net result
n/m
+1.21m NOK
—
Equity
2.32m NOK
2.63m NOK
+13.4%
Cash
428.2k NOK
248.5k NOK
-42.0%
Total assets
4.17m NOK
5.68m NOK
+36.2%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 7.12m NOK to 8.58m NOK (+20.5% YoY). Calculated
-
↑
Equity strengthened
Book equity 2.32m NOK → 2.63m NOK (equity ratio 55.6% → 46.3%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 428.2k NOK → 248.5k NOK (-42.0% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 4.32m NOK → 5.35m NOK (61% → 62% of revenue). Calculated