Org.nr 988 815 470 2019 → 2020 Year-over-year analysis

ADVOKAT GEIR HEGLE AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-05-31; registry 2021-06-03; journal 2021 386574

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT GEIR HEGLE AS. Net result +210.7k NOK → +107.2k NOK. Equity 322.9k NOK → 430.1k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
0 NOK n/m
—
Operating result
-18.8k NOK -20.2k NOK
-7.9%
Net result
+210.7k NOK +107.2k NOK
-49.1%
Equity
322.9k NOK 430.1k NOK
+33.2%
Cash
19.0k NOK 55.0k NOK
+188.8%
Total assets
519.0k NOK 555.0k NOK
+6.9%

What improved

  • ↑

    Equity strengthened

    Book equity 322.9k NOK → 430.1k NOK (equity ratio 62.2% → 77.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 19.0k NOK → 55.0k NOK (+188.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -18.8k NOK → -20.2k NOK. Calculated

  • ↓

    Net result weakened

    Net result +210.7k NOK → +107.2k NOK. Calculated