Org.nr 913 884 760 2019 → 2020 Year-over-year analysis

ADVOKAT TOR RIKARD EVENSEN AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-04-21; registry 2021-04-28; journal 2021 232387

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT TOR RIKARD EVENSEN AS. Revenue 2.55m NOK → 2.51m NOK (-1.4%). Net result +413.0k NOK → +393.2k NOK. Equity 583.2k NOK → 681.4k NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
2.55m NOK 2.51m NOK
-1.4%
Operating result
+530.4k NOK +504.6k NOK
-4.9%
Net result
+413.0k NOK +393.2k NOK
-4.8%
Equity
583.2k NOK 681.4k NOK
+16.8%
Cash
152.4k NOK 153.6k NOK
+0.8%
Total assets
10.6k NOK 1.91m NOK
+17848.6%

What improved

  • ↑

    Equity strengthened

    Book equity 583.2k NOK → 681.4k NOK (equity ratio 5486.6% → 35.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 152.4k NOK → 153.6k NOK (+0.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 8.43×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.55m NOK to 2.51m NOK (-1.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +530.4k NOK → +504.6k NOK (op. margin 20.8% → 20.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.61m NOK → 1.63m NOK (63% → 65% of revenue). Calculated