Org.nr 944 788 573 2019 → 2020 Year-over-year analysis

ADVOKATENE LÆGLAND, KOSBERG & HANISCH AS: årsregnskap 2020 vs 2019

Shrank 8% on revenue

approved 2021-02-26; registry 2021-03-03; journal 2021 132739

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATENE LÆGLAND, KOSBERG & HANISCH AS. Revenue 6.92m NOK → 6.36m NOK (-8.1%). Equity 1.15m NOK → 7.94m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
6.92m NOK 6.36m NOK
-8.1%
Net result
n/m +58.87m NOK
—
Equity
1.15m NOK 7.94m NOK
+588.0%
Cash
1.75m NOK 1.13m NOK
-35.3%
Total assets
4.00m NOK 71.4k NOK
-98.2%

What improved

  • ↑

    Equity strengthened

    Book equity 1.15m NOK → 7.94m NOK (equity ratio 28.8% → 11118.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.16m NOK → 3.73m NOK (60% → 59% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.92m NOK to 6.36m NOK (-8.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 1.75m NOK → 1.13m NOK (-35.3% YoY). Calculated