FirmaIQ
Org.nr 988 603 627 2019 → 2020 Year-over-year analysis

ADVOKAT MADS TORRISSEN AS: årsregnskap 2020 vs 2019

Grew 1800% on revenue, weaker earnings

approved 2021-08-20; registry 2021-08-25; journal 2021 675160

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT MADS TORRISSEN AS. Revenue 38.3k NOK → 726.8k NOK (+1799.8%). Net result +36.0k NOK → +19.3k NOK. Equity 705.1k NOK → 12.72m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
38.3k NOK 726.8k NOK
+1799.8%
Operating result
+64.7k NOK +94.5k NOK
+46.0%
Net result
+36.0k NOK +19.3k NOK
-46.4%
Equity
705.1k NOK 12.72m NOK
+1704.6%
Cash
75.4k NOK 120.9k NOK
+60.4%
Total assets
815.9k NOK 846.3k NOK
+3.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 38.3k NOK to 726.8k NOK (+1799.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +64.7k NOK → +94.5k NOK (op. margin 169.2% → 13.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 705.1k NOK → 12.72m NOK (equity ratio 86.4% → 1503.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 75.4k NOK → 120.9k NOK (+60.4% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +36.0k NOK → +19.3k NOK (net margin 94.0% → 2.7%). Calculated