69' NORD ADVOKATFIRMA AS: årsregnskap 2020 vs 2019
Shrank 6% on revenue, weaker earnings
approved 2021-04-28; registry 2021-05-03; journal 2021 248018
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 69' NORD ADVOKATFIRMA AS. Revenue 1.63m NOK → 1.53m NOK (-6.3%). Net result +50.5k NOK → +20.3k NOK. Equity 748.8k NOK → 769.1k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 748.8k NOK → 769.1k NOK (equity ratio 76.1% → 1129.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.63m NOK to 1.53m NOK (-6.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +68.8k NOK → +30.8k NOK (op. margin 4.2% → 2.0%). Calculated
-
↓
Net result weakened
Net result +50.5k NOK → +20.3k NOK (net margin 3.1% → 1.3%). Calculated
-
↓
Cash fell
Bank deposits 307.1k NOK → 300.4k NOK (-2.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 4.11× → 0.19× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated