ADVOKAT JØRUND KNARDAL AS: årsregnskap 2020 vs 2019
Shrank 39% on revenue, weaker earnings
approved 2021-04-30; registry 2021-05-06; journal 2021 265327
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT JØRUND KNARDAL AS. Revenue 4.10m NOK → 2.52m NOK (-38.6%). Net result +882.7k NOK → +216.2k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
4.10m NOK
2.52m NOK
-38.6%
Operating result
n/m
+272.7k NOK
—
Net result
+882.7k NOK
+216.2k NOK
-75.5%
What improved
-
↑
Payroll decreased
Salary cost 1.88m NOK → 1.73m NOK (46% → 69% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.10m NOK to 2.52m NOK (-38.6% YoY). Calculated
-
↓
Net result weakened
Net result +882.7k NOK → +216.2k NOK (net margin 21.5% → 8.6%). Calculated