FirmaIQ
Org.nr 915 063 640 2019 → 2020 Year-over-year analysis

ADVOKATENE PÅ ST. OLAVS PLASS AS: årsregnskap 2020 vs 2019

Returned to profit, cash halved-plus

approved 2020-12-31; registry 2021-06-16; journal 2021 432912

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATENE PÅ ST. OLAVS PLASS AS. Revenue 1.13m NOK → 1.18m NOK (+4.5%). Net result -1 165 NOK → +2 145 NOK. Equity 9 720 NOK → 11.9k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.13m NOK 1.18m NOK
+4.5%
Operating result
+1 671 NOK +7 468 NOK
+346.9%
Net result
-1 165 NOK +2 145 NOK
+284.1%
Equity
9 720 NOK 11.9k NOK
+22.1%
Cash
258.2k NOK 41.4k NOK
-84.0%
Total assets
353.7k NOK 320.8k NOK
-9.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.13m NOK to 1.18m NOK (+4.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1 671 NOK → +7 468 NOK (op. margin 0.1% → 0.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1 165 NOK to a profit of 2 145 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 9 720 NOK → 11.9k NOK (equity ratio 2.7% → 3.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 258.2k NOK → 41.4k NOK (-84.0% YoY). Calculated