Org.nr 918 824 898 2019 → 2020 Year-over-year analysis

ADVOKATKONTORET MYHR & CO AS: årsregnskap 2020 vs 2019

Grew 13% on revenue

approved 2021-03-18; registry 2021-03-27; journal 2021 171903

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATKONTORET MYHR & CO AS. Revenue 4.47m NOK → 5.03m NOK (+12.6%). Equity 126.3k NOK → 340.6k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATKONTORET MYHR & CO AS.

Scorecard

Revenue
4.47m NOK 5.03m NOK
+12.6%
Operating result
n/m +254.9k NOK
—
Net result
n/m +214.2k NOK
—
Equity
126.3k NOK 340.6k NOK
+169.6%
Cash
7.19m NOK 4.33m NOK
-39.7%
Total assets
8.27m NOK 5.97m NOK
-27.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.47m NOK to 5.03m NOK (+12.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 126.3k NOK → 340.6k NOK (equity ratio 1.5% → 5.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 7.19m NOK → 4.33m NOK (-39.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.81m NOK → 3.92m NOK (85% → 78% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 107.8k NOK → 97.2k NOK (-9.8% YoY). Calculated