FirmaIQ
Org.nr 918 546 391 2019 → 2020 Year-over-year analysis

ADVOKATKONTORET FLØIEN AS: årsregnskap 2020 vs 2019

Grew 17% on revenue, stronger earnings

approved 2021-05-31; registry 2021-06-03; journal 2021 380090

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATKONTORET FLØIEN AS. Revenue 5.77m NOK → 6.78m NOK (+17.4%). Net result +335.0k NOK → +681.2k NOK. Equity 38.7k NOK → 1.72m 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 ADVOKATKONTORET FLØIEN AS.

At a glance

Scorecard

Revenue
5.77m NOK 6.78m NOK
+17.4%
Operating result
+428.6k NOK +888.2k NOK
+107.3%
Net result
+335.0k NOK +681.2k NOK
+103.3%
Equity
38.7k NOK 1.72m NOK
+4347.2%
Cash
584.6k NOK 864.6k NOK
+47.9%
Total assets
2.59m NOK 3.56m NOK
+37.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.77m NOK to 6.78m NOK (+17.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +428.6k NOK → +888.2k NOK (op. margin 7.4% → 13.1%). Calculated

  • ↑

    Net result improved

    Net result +335.0k NOK → +681.2k NOK (net margin 5.8% → 10.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 38.7k NOK → 1.72m NOK (equity ratio 1.5% → 48.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 584.6k NOK → 864.6k NOK (+47.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.09m NOK → 4.16m NOK (71% → 61% of revenue). Calculated