FirmaIQ
Org.nr 911 883 562 2019 → 2020 Year-over-year analysis

ADVOKATFIRMA GRANDE, SYVERTSEN & CO AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-04-23; registry 2021-06-22; journal 2021 379488

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMA GRANDE, SYVERTSEN & CO AS. Revenue -440.3k NOK → -440.3k NOK (0.0%). Net result +152.2k NOK → +100.3k NOK. Equity 8.61m NOK → 1.10m NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMA GRANDE, SYVERTSEN & CO AS.

At a glance

Scorecard

Revenue
-440.3k NOK -440.3k NOK
0.0%
Operating result
+42.0k NOK -8 850 NOK
-121.0%
Net result
+152.2k NOK +100.3k NOK
-34.1%
Equity
8.61m NOK 1.10m NOK
-87.2%
Cash
21.5k NOK 17.3k NOK
-19.5%
Total assets
632.9k NOK 101.2k NOK
-84.0%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +42.0k NOK → -8 850 NOK (op. margin -9.5% → 2.0%). Calculated

  • ↓

    Net result weakened

    Net result +152.2k NOK → +100.3k NOK (net margin -34.6% → -22.8%). Calculated

  • ↓

    Equity eroded

    Book equity 8.61m NOK → 1.10m NOK (equity ratio 1360.5% → 1086.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 21.5k NOK → 17.3k NOK (-19.5% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 420.0k NOK → 810 NOK — check capital reduction, conversion, or reclassification. Interpretation