FirmaIQ
Org.nr 992 125 950 2019 → 2020 Year-over-year analysis

ADVOKAT MARIT ERIKSSON AS: årsregnskap 2020 vs 2019

Shrank 67% on revenue

approved 2021-02-23; registry 2021-03-08; journal 2021 139481

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT MARIT ERIKSSON AS. Revenue 709.0k NOK → 233.6k NOK (-67.1%). Equity 141.1k NOK → 185.0k NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
709.0k NOK 233.6k NOK
-67.1%
Operating result
-1 819 NOK +44.8k NOK
+2561.5%
Net result
n/m +43.9k NOK
—
Equity
141.1k NOK 185.0k NOK
+31.1%
Cash
85.5k NOK 136.7k NOK
+60.0%
Total assets
269.9k NOK 436.3k NOK
+61.7%

What improved

  • ↑

    Operating result improved

    Operating result -1 819 NOK → +44.8k NOK (op. margin -0.3% → 19.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 141.1k NOK → 185.0k NOK (equity ratio 52.3% → 42.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 85.5k NOK → 136.7k NOK (+60.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 709.0k NOK to 233.6k NOK (-67.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 384.9k NOK → 824.0k NOK (54% → 353% of revenue). Calculated