ADVOKAT DØVIK AS: årsregnskap 2020 vs 2019
Shrank 54% on revenue
approved 2021-03-11; registry 2021-03-20; journal 2021 158209
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT DØVIK AS. Revenue 1.56m NOK → 720.9k NOK (-53.9%). Equity 141.1k NOK → 188.5k NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
1.56m NOK
720.9k NOK
-53.9%
Operating result
n/m
+512.2k NOK
—
Net result
n/m
+397.4k NOK
—
Equity
141.1k NOK
188.5k NOK
+33.6%
Cash
375.4k NOK
420.2k NOK
+12.0%
Total assets
819.3k NOK
947.4k NOK
+15.6%
What improved
-
↑
Equity strengthened
Book equity 141.1k NOK → 188.5k NOK (equity ratio 17.2% → 19.9%). Calculated
-
↑
Cash rose
Bank deposits 375.4k NOK → 420.2k NOK (+12.0% YoY). Calculated
-
↑
Payroll decreased
Salary cost 861.6k NOK → 763.7k NOK (55% → 106% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.56m NOK to 720.9k NOK (-53.9% YoY). Calculated