FirmaIQ
Org.nr 912 177 033 2019 → 2020 Year-over-year analysis

ADVOKAT JØRGEN RIPLE AS: årsregnskap 2020 vs 2019

Weaker earnings, cash halved-plus

approved 2021-04-22; registry 2021-05-03; journal 2021 250814

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT JØRGEN RIPLE AS. Revenue 4.22m NOK → 4.17m NOK (-1.1%). Net result +372.4k NOK → +28.2k NOK. Equity 723.5k NOK → 501.9k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
4.22m NOK 4.17m NOK
-1.1%
Operating result
+428.9k NOK +43.6k NOK
-89.8%
Net result
+372.4k NOK +28.2k NOK
-92.4%
Equity
723.5k NOK 501.9k NOK
-30.6%
Cash
749.5k NOK 337.7k NOK
-54.9%
Total assets
2.15m NOK 1.78m NOK
-17.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.22m NOK to 4.17m NOK (-1.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +428.9k NOK → +43.6k NOK (op. margin 10.2% → 1.0%). Calculated

  • ↓

    Net result weakened

    Net result +372.4k NOK → +28.2k NOK (net margin 8.8% → 0.7%). Calculated

  • ↓

    Equity eroded

    Book equity 723.5k NOK → 501.9k NOK (equity ratio 33.7% → 28.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 749.5k NOK → 337.7k NOK (-54.9% YoY). Calculated