FirmaIQ
Org.nr 996 316 777 2019 → 2020 Year-over-year analysis

ADVOKAT GISLE LOSO AS: årsregnskap 2020 vs 2019

Shrank 44% on revenue

approved 2021-04-23; registry 2021-04-26; journal 2021 229298

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT GISLE LOSO AS. Revenue 4.15m NOK → 2.32m NOK (-44.2%). Net result +50.6k NOK → +47.6k NOK. Equity 332.2k NOK → 379.8k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
4.15m NOK 2.32m NOK
-44.2%
Operating result
+62.3k NOK +59.4k NOK
-4.6%
Net result
+50.6k NOK +47.6k NOK
-6.0%
Equity
332.2k NOK 379.8k NOK
+14.3%
Cash
1.37m NOK 692.4k NOK
-49.3%
Total assets
2.19m NOK n/m
—

What improved

  • ↑

    Equity strengthened

    Book equity 332.2k NOK → 379.8k NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 3.33m NOK → 1.49m NOK (80% → 64% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.15m NOK to 2.32m NOK (-44.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +62.3k NOK → +59.4k NOK (op. margin 1.5% → 2.6%). Calculated

  • ↓

    Net result weakened

    Net result +50.6k NOK → +47.6k NOK (net margin 1.2% → 2.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.37m NOK → 692.4k NOK (-49.3% YoY). Calculated