FirmaIQ
Org.nr 996 467 511 2019 → 2020 Year-over-year analysis

ADVOKATORIET AS: årsregnskap 2020 vs 2019

Grew 39% on revenue, stronger earnings

approved 2021-04-28; registry 2021-05-03; journal 2021 253058

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATORIET AS. Revenue 3.22m NOK → 4.46m NOK (+38.6%). Net result +8 923 NOK → +1.37m NOK. Equity 591.4k NOK → 964.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATORIET AS.

At a glance

Scorecard

Revenue
3.22m NOK 4.46m NOK
+38.6%
Operating result
+2 270 NOK +1.75m NOK
+77109.0%
Net result
+8 923 NOK +1.37m NOK
+15284.4%
Equity
591.4k NOK 964.1k NOK
+63.0%
Cash
519.4k NOK 847.6k NOK
+63.2%
Total assets
1.33m NOK 3.00m NOK
+126.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.22m NOK to 4.46m NOK (+38.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2 270 NOK → +1.75m NOK (op. margin 0.1% → 39.3%). Calculated

  • ↑

    Net result improved

    Net result +8 923 NOK → +1.37m NOK (net margin 0.3% → 30.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 591.4k NOK → 964.1k NOK (equity ratio 44.5% → 32.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 519.4k NOK → 847.6k NOK (+63.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 19.6k NOK → 10.1k NOK (-48.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 43.7k NOK → 110.8k NOK. Reported fact