FirmaIQ
Org.nr 888 997 482 2019 → 2020 Year-over-year analysis

ADVOKAT FINN OVE SMITH AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-04-29; registry 2021-05-04; journal 2021 257294

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT FINN OVE SMITH AS. Revenue 5.92m NOK → 5.89m NOK (-0.5%). Net result +2.06m NOK → +1.99m NOK. Equity 3.53m NOK → 3.53m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
5.92m NOK 5.89m NOK
-0.5%
Operating result
+2.67m NOK +2.57m NOK
-3.7%
Net result
+2.06m NOK +1.99m NOK
-3.5%
Equity
3.53m NOK 3.53m NOK
+0.1%
Cash
4.47m NOK 5.08m NOK
+13.6%
Total assets
6.86m NOK 6.78m NOK
-1.1%

What improved

  • ↑

    Equity strengthened

    Book equity 3.53m NOK → 3.53m NOK (equity ratio 51.4% → 52.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.47m NOK → 5.08m NOK (+13.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.92m NOK to 5.89m NOK (-0.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.67m NOK → +2.57m NOK (op. margin 45.0% → 43.6%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.16m NOK → 2.18m NOK (37% → 37% of revenue). Calculated