Org.nr 919 110 937 2019 → 2020 Year-over-year analysis

ADVOKAT MOLLESTAD OPPEGAARD AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-03-25; registry 2021-04-06; journal 2021 185420

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT MOLLESTAD OPPEGAARD AS. Revenue 2.15m NOK → 2.05m NOK (-4.3%). Equity 732.3k NOK → 426.8k NOK.

On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded.

Mixed year — gains and pressures both show up.

At a glance

Revenue

2.15m NOK 2.05m NOK

-4.3%

Operating result

n/m +681.89m NOK

—

Net result

n/m +694.5k NOK

—

Equity

732.3k NOK 426.8k NOK

-41.7%

Cash

1 125 NOK 1.34m NOK

+119003.6%

Total assets

224.1k NOK 1.94m NOK

+765.8%

↑
Cash rose

Bank deposits 1 125 NOK → 1.34m NOK (+119003.6% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.44× → 3.77×. Calculated
↑
Payroll decreased

Salary cost 943.2k NOK → 860.0k NOK (44% → 42% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.15m NOK to 2.05m NOK (-4.3% YoY). Calculated
↓
Equity eroded

Book equity 732.3k NOK → 426.8k NOK (equity ratio 326.8% → 22.0%). Calculated