FirmaIQ
Org.nr 923 174 095 2019 → 2020 Year-over-year analysis

ADVOKAT HARALD S. KOBBE AS: årsregnskap 2020 vs 2019

Shrank 6% on revenue, stronger earnings

approved 2021-02-25; registry 2021-05-25; journal 2021 315141

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT HARALD S. KOBBE AS. Revenue 526.6k NOK → 493.3k NOK (-6.3%). Net result +310.0k NOK → +924.9k NOK. Equity 5.33m NOK → 1.25m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
526.6k NOK 493.3k NOK
-6.3%
Operating result
+416.39m NOK +1 186 NOK
-100.0%
Net result
+310.0k NOK +924.9k NOK
+198.4%
Equity
5.33m NOK 1.25m NOK
-76.5%
Cash
238.7k NOK 205.2k NOK
-14.0%
Total assets
436.4k NOK 667.2k NOK
+52.9%

What improved

  • ↑

    Net result improved

    Net result +310.0k NOK → +924.9k NOK (net margin 58.9% → 187.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 526.6k NOK to 493.3k NOK (-6.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +416.39m NOK → +1 186 NOK (op. margin 79076.3% → 0.2%). Calculated

  • ↓

    Equity eroded

    Book equity 5.33m NOK → 1.25m NOK (equity ratio 1221.3% → 188.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 238.7k NOK → 205.2k NOK (-14.0% YoY). Calculated