Org.nr 977 557 445 2019 → 2020 Year-over-year analysis

ADVOKATSELSKAPET JUSTITIA AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-02-02; registry 2021-04-24; journal 2021 221128

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATSELSKAPET JUSTITIA AS. Revenue 10.27m NOK → 10.35m NOK (+0.8%). Net result +3.55m NOK → +3.36m NOK. Equity 3.25m NOK → 5.62m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATSELSKAPET JUSTITIA AS.

Scorecard

Revenue
10.27m NOK 10.35m NOK
+0.8%
Operating result
+4.53m NOK +4.30m NOK
-5.0%
Net result
+3.55m NOK +3.36m NOK
-5.2%
Equity
3.25m NOK 5.62m NOK
+72.6%
Cash
2.22m NOK 3.58m NOK
+61.1%
Total assets
7.66m NOK 7.90m NOK
+3.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.27m NOK to 10.35m NOK (+0.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 3.25m NOK → 5.62m NOK (equity ratio 42.4% → 71.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.22m NOK → 3.58m NOK (+61.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +4.53m NOK → +4.30m NOK (op. margin 44.1% → 41.5%). Calculated

  • ↓

    Net result weakened

    Net result +3.55m NOK → +3.36m NOK (net margin 34.5% → 32.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.25m NOK → 4.73m NOK (41% → 46% of revenue). Calculated