FirmaIQ
Org.nr 989 746 944 2019 → 2020 Year-over-year analysis

ADVOKAT LENE FRYKMAN AS: årsregnskap 2020 vs 2019

Shrank 11% on revenue, stronger earnings, cash halved-plus

approved 2021-03-16; registry 2021-03-27; journal 2021 173057

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT LENE FRYKMAN AS. Revenue 2.53m NOK → 2.26m NOK (-11.0%). Net result +77.2k NOK → +181.3k NOK. Equity 1.38m NOK → 1.57m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.53m NOK 2.26m NOK
-11.0%
Operating result
+67.7k NOK +192.5k NOK
+184.3%
Net result
+77.2k NOK +181.3k NOK
+134.7%
Equity
1.38m NOK 1.57m NOK
+13.1%
Cash
661.9k NOK 13.7k NOK
-97.9%
Total assets
1.77m NOK 1.91m NOK
+7.7%

What improved

  • ↑

    Operating result improved

    Operating result +67.7k NOK → +192.5k NOK (op. margin 2.7% → 8.5%). Calculated

  • ↑

    Net result improved

    Net result +77.2k NOK → +181.3k NOK (net margin 3.0% → 8.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.38m NOK → 1.57m NOK (equity ratio 78.1% → 82.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.53m NOK to 2.26m NOK (-11.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 661.9k NOK → 13.7k NOK (-97.9% YoY). Calculated