FirmaIQ
Org.nr 971 587 598 2019 → 2020 Year-over-year analysis

ADVOKATFIRMA RAUGLAND AS: årsregnskap 2020 vs 2019

Shrank 19% on revenue, weaker earnings

approved 2021-04-22; registry 2021-05-01; journal 2021 243753

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMA RAUGLAND AS. Revenue 9.09m NOK → 7.37m NOK (-18.9%). Net result +2.15m NOK → +1.47m NOK. Equity 100.0k NOK → 100.0k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
9.09m NOK 7.37m NOK
-18.9%
Operating result
+2.75m NOK +1.88m NOK
-31.8%
Net result
+2.15m NOK +1.47m NOK
-31.7%
Equity
100.0k NOK 100.0k NOK
0.0%
Cash
2.86m NOK 2.61m NOK
-8.9%
Total assets
4.54m NOK 3.70m NOK
-18.6%

What improved

  • ↑

    Payroll decreased

    Salary cost 4.98m NOK → 4.28m NOK (55% → 58% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.09m NOK to 7.37m NOK (-18.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.75m NOK → +1.88m NOK (op. margin 30.3% → 25.4%). Calculated

  • ↓

    Net result weakened

    Net result +2.15m NOK → +1.47m NOK (net margin 23.6% → 19.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.86m NOK → 2.61m NOK (-8.9% YoY). Calculated