FirmaIQ
Org.nr 912 184 722 2019 → 2020 Year-over-year analysis

ADVOKATHUSET HARSTAD AS: årsregnskap 2020 vs 2019

Grew 14% on revenue, stronger earnings

approved 2021-04-30; registry 2021-05-03; journal 2021 252762

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATHUSET HARSTAD AS. Revenue 4.24m NOK → 4.84m NOK (+14.1%). Net result +268.5k NOK → +334.4k NOK. Equity 830.6k NOK → 940.0k 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 ADVOKATHUSET HARSTAD AS.

At a glance

Scorecard

Revenue
4.24m NOK 4.84m NOK
+14.1%
Operating result
+339.6k NOK +452.7k NOK
+33.3%
Net result
+268.5k NOK +334.4k NOK
+24.5%
Equity
830.6k NOK 940.0k NOK
+13.2%
Cash
1.42m NOK 1.52m NOK
+7.4%
Total assets
2.17m NOK 2.27m NOK
+4.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.24m NOK to 4.84m NOK (+14.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +339.6k NOK → +452.7k NOK (op. margin 8.0% → 9.4%). Calculated

  • ↑

    Net result improved

    Net result +268.5k NOK → +334.4k NOK (net margin 6.3% → 6.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 830.6k NOK → 940.0k NOK (equity ratio 38.3% → 41.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.42m NOK → 1.52m NOK (+7.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.65m NOK → 3.11m NOK (62% → 64% of revenue). Calculated