FirmaIQ
Org.nr 957 785 409 2019 → 2020 Year-over-year analysis

ADVOKAT NADHEIM AS: årsregnskap 2020 vs 2019

Shrank 7% on revenue, stronger earnings

approved 2021-06-11; registry 2021-07-05; journal 2021 522428

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT NADHEIM AS. Revenue 2.08m NOK → 1.93m NOK (-7.0%). Net result +19.1k NOK → +34.8k NOK. Equity 136.0k NOK → 170.9k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.08m NOK 1.93m NOK
-7.0%
Operating result
+32.8k NOK +78.8k NOK
+140.2%
Net result
+19.1k NOK +34.8k NOK
+82.0%
Equity
136.0k NOK 170.9k NOK
+25.6%
Cash
75.9k NOK 151.9k NOK
+100.3%
Total assets
458.2k NOK 855.4k NOK
+86.7%

What improved

  • ↑

    Operating result improved

    Operating result +32.8k NOK → +78.8k NOK (op. margin 1.6% → 4.1%). Calculated

  • ↑

    Net result improved

    Net result +19.1k NOK → +34.8k NOK (net margin 0.9% → 1.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 136.0k NOK → 170.9k NOK (equity ratio 29.7% → 20.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 75.9k NOK → 151.9k NOK (+100.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.08m NOK to 1.93m NOK (-7.0% YoY). Calculated