ADVOKAT IVAR HUSTAD AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-06-16; registry 2021-07-03; journal 2021 444974
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT IVAR HUSTAD AS. Revenue 116.4k NOK → 116.4k NOK (0.0%). Net result +267.5k NOK → +102.6k NOK. Equity 6.72m NOK → 6.82m NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
116.4k NOK
116.4k NOK
0.0%
Operating result
+57.4k NOK
+55.6k NOK
-3.1%
Net result
+267.5k NOK
+102.6k NOK
-61.7%
Equity
6.72m NOK
6.82m NOK
+1.5%
Cash
3.13m NOK
2.08m NOK
-33.5%
Total assets
7.29m NOK
6.99m NOK
-4.1%
What improved
-
↑
Equity strengthened
Book equity 6.72m NOK → 6.82m NOK (equity ratio 92.1% → 97.6%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +57.4k NOK → +55.6k NOK (op. margin 49.3% → 47.8%). Calculated
-
↓
Net result weakened
Net result +267.5k NOK → +102.6k NOK (net margin 229.8% → 88.1%). Calculated
-
↓
Cash fell
Bank deposits 3.13m NOK → 2.08m NOK (-33.5% YoY). Calculated