ADVOKATHUSET HORTEN AS: årsregnskap 2020 vs 2019
Grew 8% on revenue
approved 2021-01-26; registry 2021-02-22; journal 2021 121017
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATHUSET HORTEN AS. Revenue 5.20m NOK → 5.60m NOK (+7.7%). Equity 1.20m NOK → 1.20m NOK.
On the constructive side: revenue rose; operating result improved; cash rose.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATHUSET HORTEN AS.
At a glance
Scorecard
Revenue
5.20m NOK
5.60m NOK
+7.7%
Operating result
+1.77m NOK
+2.00m NOK
+13.4%
Net result
n/m
+1.57m NOK
—
Equity
1.20m NOK
1.20m NOK
+0.0%
Cash
1.86m NOK
2.39m NOK
+28.2%
Total assets
3.60m NOK
3.74m NOK
+4.0%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 5.20m NOK to 5.60m NOK (+7.7% YoY). Calculated
-
↑
Operating result improved
Operating result +1.77m NOK → +2.00m NOK (op. margin 34.0% → 35.8%). Calculated
-
↑
Cash rose
Bank deposits 1.86m NOK → 2.39m NOK (+28.2% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2.41m NOK → 2.58m NOK (46% → 46% of revenue). Calculated