FirmaIQ
Org.nr 915 665 586 2019 → 2020 Year-over-year analysis

ADVOKATFIRMA REMMAN AS: årsregnskap 2020 vs 2019

Shrank 22% on revenue

approved 2021-04-29; registry 2021-05-03; journal 2021 248498

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMA REMMAN AS. Revenue 2.72m NOK → 2.13m NOK (-21.7%). Net result +1 152 NOK → +7 261 NOK. Equity 1.49m NOK → 1.50m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.72m NOK 2.13m NOK
-21.7%
Operating result
+1.53m NOK +47.7k NOK
-96.9%
Net result
+1 152 NOK +7 261 NOK
+530.3%
Equity
1.49m NOK 1.50m NOK
+0.5%
Cash
443.0k NOK 622.8k NOK
+40.6%
Total assets
2.89m NOK 2.09m NOK
-27.8%

What improved

  • ↑

    Net result improved

    Net result +1 152 NOK → +7 261 NOK (net margin 0.0% → 0.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.49m NOK → 1.50m NOK (equity ratio 51.5% → 71.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 443.0k NOK → 622.8k NOK (+40.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.72m NOK to 2.13m NOK (-21.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.53m NOK → +47.7k NOK (op. margin 56.4% → 2.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 519.8k NOK → 640.3k NOK (19% → 30% of revenue). Calculated