FirmaIQ
Org.nr 984 984 375 2019 → 2020 Year-over-year analysis

ADVOKATFIRMA GRUNDEKJØN & CO AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-03-29; registry 2021-05-03; journal 2021 255090

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMA GRUNDEKJØN & CO AS. Revenue 237.9k NOK → 229.2k NOK (-3.7%). Net result +64.2k NOK → +58.7k NOK. Equity 115.3k NOK → 173.9k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
237.9k NOK 229.2k NOK
-3.7%
Operating result
+88.3k NOK +82.6k NOK
-6.4%
Net result
+64.2k NOK +58.7k NOK
-8.6%
Equity
115.3k NOK 173.9k NOK
+50.9%
Cash
68.0k NOK 217.7k NOK
+220.1%
Total assets
171.1k NOK 287.1k NOK
+67.8%

What improved

  • ↑

    Equity strengthened

    Book equity 115.3k NOK → 173.9k NOK (equity ratio 67.4% → 60.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 68.0k NOK → 217.7k NOK (+220.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 237.9k NOK to 229.2k NOK (-3.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +88.3k NOK → +82.6k NOK (op. margin 37.1% → 36.0%). Calculated

  • ↓

    Net result weakened

    Net result +64.2k NOK → +58.7k NOK (net margin 27.0% → 25.6%). Calculated