FirmaIQ
Org.nr 999 590 713 2019 → 2020 Year-over-year analysis

ADVOKATFIRMA NIEDZIELSKI AS: årsregnskap 2020 vs 2019

Shrank 11% on revenue

approved 2021-04-30; registry 2021-05-03; journal 2021 256902

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMA NIEDZIELSKI AS. Revenue 6.67m NOK → 5.93m NOK (-11.1%). Net result +1.11m NOK → +1.32m NOK. Equity 1.23m NOK → 1.43m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA NIEDZIELSKI AS.

At a glance

Scorecard

Revenue
6.67m NOK 5.93m NOK
-11.1%
Operating result
+1.42m NOK +1.69m NOK
+18.6%
Net result
+1.11m NOK +1.32m NOK
+18.1%
Equity
1.23m NOK 1.43m NOK
+16.7%
Cash
1.92m NOK 1.72m NOK
-10.8%
Total assets
2.87m NOK 3.76m NOK
+31.1%

What improved

  • ↑

    Operating result improved

    Operating result +1.42m NOK → +1.69m NOK (op. margin 21.3% → 28.5%). Calculated

  • ↑

    Net result improved

    Net result +1.11m NOK → +1.32m NOK (net margin 16.7% → 22.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.23m NOK → 1.43m NOK (equity ratio 42.9% → 38.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.76m NOK → 3.14m NOK (56% → 53% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.67m NOK to 5.93m NOK (-11.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 1.92m NOK → 1.72m NOK (-10.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 178.0k NOK → 151.0k NOK. Reported fact