FirmaIQ
Org.nr 921 714 734 2019 → 2020 Year-over-year analysis

ADVOKAT VIDAR ZAHL ARNTZEN AS: årsregnskap 2020 vs 2019

Grew 90438% on revenue

approved 2021-04-28; registry 2021-05-01; journal 2021 244677

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT VIDAR ZAHL ARNTZEN AS. Revenue 2 184 NOK → 1.98m NOK (+90438.5%). Net result +2 717 NOK → +1 826 NOK. Equity 27.1k NOK → 29.0k NOK.

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

Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKAT VIDAR ZAHL ARNTZEN AS.

At a glance

Scorecard

Revenue
2 184 NOK 1.98m NOK
+90438.5%
Operating result
+2 419 NOK +2 054 NOK
-15.1%
Net result
+2 717 NOK +1 826 NOK
-32.8%
Equity
27.1k NOK 29.0k NOK
+6.7%
Cash
399.7k NOK 411.6k NOK
+3.0%
Total assets
71 NOK 689.05m NOK
+970492357.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 184 NOK to 1.98m NOK (+90438.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 27.1k NOK → 29.0k NOK (equity ratio 38238.0% → 0.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 399.7k NOK → 411.6k NOK (+3.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2 419 NOK → +2 054 NOK (op. margin 110.8% → 0.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1 865 NOK → 1.74m NOK (85% → 88% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 26.8k NOK → 6 620 NOK (-75.3% YoY). Calculated