FirmaIQ
Org.nr 923 099 727 2019 → 2020 Year-over-year analysis

ADALAT ADVOKATFIRMA AS: årsregnskap 2020 vs 2019

Grew 423107% on revenue, weaker earnings

approved 2021-04-23; registry 2021-04-29; journal 2021 240960

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADALAT ADVOKATFIRMA AS. Revenue 693.8k NOK → 2.94bn NOK (+423107.1%). Net result +187.9k NOK → +85.9k NOK. Equity 8.22m NOK → 1.30m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADALAT ADVOKATFIRMA AS.

At a glance

Scorecard

Revenue
693.8k NOK 2.94bn NOK
+423107.1%
Operating result
+240.9k NOK +392.6k NOK
+62.9%
Net result
+187.9k NOK +85.9k NOK
-54.3%
Equity
8.22m NOK 1.30m NOK
-84.1%
Cash
445.9k NOK 292.7k NOK
-34.4%
Total assets
514.7k NOK 912.9k NOK
+77.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 693.8k NOK to 2.94bn NOK (+423107.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +240.9k NOK → +392.6k NOK (op. margin 34.7% → 0.0%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +187.9k NOK → +85.9k NOK (net margin 27.1% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 8.22m NOK → 1.30m NOK (equity ratio 1596.6% → 142.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 445.9k NOK → 292.7k NOK (-34.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 18.5k NOK → 6 956 NOK (-62.4% YoY). Calculated