ADVOKAT THORE HEGGEN AS: årsregnskap 2020 vs 2019
Shrank 26% on revenue, weaker earnings
approved 2021-04-13; registry 2021-05-15; journal 2021 286948
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT THORE HEGGEN AS. Revenue 3.53m NOK → 2.59m NOK (-26.5%). Net result +1.56m NOK → +755.5k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
3.53m NOK
2.59m NOK
-26.5%
Operating result
+984.0k NOK
+957.4k NOK
-2.7%
Net result
+1.56m NOK
+755.5k NOK
-51.5%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.53m NOK to 2.59m NOK (-26.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +984.0k NOK → +957.4k NOK (op. margin 27.9% → 36.9%). Calculated
-
↓
Net result weakened
Net result +1.56m NOK → +755.5k NOK (net margin 44.2% → 29.1%). Calculated