FirmaIQ
Org.nr 920 248 268 2019 → 2020 Year-over-year analysis

ADVOKAT MARIA NOVOTNA AS: årsregnskap 2020 vs 2019

Shrank 51% on revenue, weaker earnings, cash halved-plus

approved 2021-04-08; registry 2021-04-12; journal 2021 197259

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT MARIA NOVOTNA AS. Revenue 941.9k NOK → 457.8k NOK (-51.4%). Net result +12.7k NOK → +84 NOK. Equity 51.0k NOK → 51.1k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
941.9k NOK 457.8k NOK
-51.4%
Operating result
+16.8k NOK +933 NOK
-94.4%
Net result
+12.7k NOK +84 NOK
-99.3%
Equity
51.0k NOK 51.1k NOK
+0.2%
Cash
201.3k NOK 52.9k NOK
-73.7%
Total assets
391.7k NOK 120.8k NOK
-69.2%

What improved

  • ↑

    Payroll decreased

    Salary cost 688.8k NOK → 235.3k NOK (73% → 51% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 941.9k NOK to 457.8k NOK (-51.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +16.8k NOK → +933 NOK (op. margin 1.8% → 0.2%). Calculated

  • ↓

    Net result weakened

    Net result +12.7k NOK → +84 NOK (net margin 1.3% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 201.3k NOK → 52.9k NOK (-73.7% YoY). Calculated