FirmaIQ
Org.nr 894 266 732 2019 → 2020 Year-over-year analysis

ADVOKAT PER ANDERS LØVSLETTEN AS: årsregnskap 2020 vs 2019

Shrank 13% on revenue, weaker earnings

approved 2021-04-28; registry 2021-05-03; journal 2021 247454

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT PER ANDERS LØVSLETTEN AS. Revenue 686.3k NOK → 595.0k NOK (-13.3%). Net result +206.7k NOK → +145.3k NOK. Equity 480.2k NOK → 625.5k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
686.3k NOK 595.0k NOK
-13.3%
Operating result
+264.6k NOK +186.6k NOK
-29.5%
Net result
+206.7k NOK +145.3k NOK
-29.7%
Equity
480.2k NOK 625.5k NOK
+30.3%
Cash
335.7k NOK 410.1k NOK
+22.1%
Total assets
599.5k NOK 709.0k NOK
+18.3%

What improved

  • ↑

    Equity strengthened

    Book equity 480.2k NOK → 625.5k NOK (equity ratio 80.1% → 88.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 335.7k NOK → 410.1k NOK (+22.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 686.3k NOK to 595.0k NOK (-13.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +264.6k NOK → +186.6k NOK (op. margin 38.6% → 31.4%). Calculated

  • ↓

    Net result weakened

    Net result +206.7k NOK → +145.3k NOK (net margin 30.1% → 24.4%). Calculated