FirmaIQ
Org.nr 912 389 456 2019 → 2020 Year-over-year analysis

ADVOKAT STIAN HATLEBERG AS: årsregnskap 2020 vs 2019

Shrank 6% on revenue, stronger earnings, cash halved-plus

approved 2021-03-17; registry 2021-03-22; journal 2021 160162

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT STIAN HATLEBERG AS. Revenue 3.27m NOK → 3.09m NOK (-5.7%). Net result +636.9k NOK → +1.40m NOK. Equity 2.56m NOK → 2.79m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
3.27m NOK 3.09m NOK
-5.7%
Operating result
+255.8k NOK +1.70m NOK
+563.7%
Net result
+636.9k NOK +1.40m NOK
+119.1%
Equity
2.56m NOK 2.79m NOK
+9.2%
Cash
927.7k NOK 350.6k NOK
-62.2%
Total assets
4.99m NOK 5.12m NOK
+2.6%

What improved

  • ↑

    Operating result improved

    Operating result +255.8k NOK → +1.70m NOK (op. margin 7.8% → 55.0%). Calculated

  • ↑

    Net result improved

    Net result +636.9k NOK → +1.40m NOK (net margin 19.5% → 45.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.56m NOK → 2.79m NOK (equity ratio 51.3% → 54.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 715.9k NOK → 708.7k NOK (22% → 23% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.27m NOK to 3.09m NOK (-5.7% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 927.7k NOK → 350.6k NOK (-62.2% YoY). Calculated