ADVOKAT OLE MORTEN HUSMO AS: årsregnskap 2020 vs 2019
Shrank 66% on revenue, stronger earnings
approved 2021-04-09; registry 2021-04-14; journal 2021 199935
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT OLE MORTEN HUSMO AS. Revenue 925.1k NOK → 314.6k NOK (-66.0%). Net result +73.2k NOK → +90.4k NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
925.1k NOK
314.6k NOK
-66.0%
Operating result
+101.4k NOK
-50.6k NOK
-149.9%
Net result
+73.2k NOK
+90.4k NOK
+23.5%
Cash
85.0k NOK
50.0k NOK
-41.2%
Total assets
538.4k NOK
497.9k NOK
-7.5%
What improved
-
↑
Net result improved
Net result +73.2k NOK → +90.4k NOK (net margin 7.9% → 28.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 925.1k NOK to 314.6k NOK (-66.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +101.4k NOK → -50.6k NOK (op. margin 11.0% → -16.1%). Calculated
-
↓
Cash fell
Bank deposits 85.0k NOK → 50.0k NOK (-41.2% YoY). Calculated