FirmaIQ
Org.nr 997 632 346 2019 → 2020 Year-over-year analysis

ADVOKATFELLESSKAPET DRIFT AS: årsregnskap 2020 vs 2019

Shrank 19% on revenue, returned to profit, fresh owner capital

registry 2021-05-31; journal 2021 246079

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFELLESSKAPET DRIFT AS. Revenue 4.43m NOK → 3.59m NOK (-18.8%). Net result -4 219 NOK → +684 NOK. Equity 95.7k NOK → 96.4k NOK.

On the constructive side: turned profitable; owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFELLESSKAPET DRIFT AS.

At a glance

Scorecard

Revenue
4.43m NOK 3.59m NOK
-18.8%
Operating result
+66.1k NOK +56.9k NOK
-13.9%
Net result
-4 219 NOK +684 NOK
+116.2%
Equity
95.7k NOK 96.4k NOK
+0.7%
Cash
41.8k NOK 39.8k NOK
-4.7%
Total assets
263.9k NOK 928.9k NOK
+252.0%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 4 219 NOK to a profit of 684 NOK. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 105 NOK → 105.0k NOK (+104.9k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 1.81m NOK → 982.7k NOK (41% → 27% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.43m NOK to 3.59m NOK (-18.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +66.1k NOK → +56.9k NOK (op. margin 1.5% → 1.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 41.8k NOK → 39.8k NOK (-4.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.66m NOK → 750.6k NOK (-54.8% YoY). Calculated