FirmaIQ
Org.nr 991 509 291 2019 → 2020 Year-over-year analysis

ADVOKATFIRMA ØKSETER AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-05-07; registry 2021-05-11; journal 2021 279672

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMA ØKSETER AS. Revenue 121.9k NOK → 121.9k NOK (0.0%). Net result +101.6k NOK → -20.5k NOK. Equity 8.13m NOK → 109.0k NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

At a glance

Scorecard

Revenue
121.9k NOK 121.9k NOK
0.0%
Operating result
+102.3k NOK -22.7k NOK
-122.2%
Net result
+101.6k NOK -20.5k NOK
-120.2%
Equity
8.13m NOK 109.0k NOK
-98.7%
Cash
17.0k NOK 8 652 NOK
-49.0%
Total assets
220.9k NOK 202.6k NOK
-8.3%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +102.3k NOK → -22.7k NOK (op. margin 83.9% → -18.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 101.6k NOK profit to a loss of 20.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 8.13m NOK → 109.0k NOK (equity ratio 3680.5% → 53.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 17.0k NOK → 8 652 NOK (-49.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4 NOK → 172.9k NOK. Reported fact