FirmaIQ
Org.nr 999 605 893 2019 → 2020 Year-over-year analysis

ADVOKATFIRMA STAALESEN AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-02-09; registry 2021-04-24; journal 2021 222242

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMA STAALESEN AS. Revenue 5.57m NOK → 5.57m NOK (-0.1%). Net result +1.74m NOK → +2.29m NOK. Equity 30.0k NOK → 30.0k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMA STAALESEN AS.

At a glance

Scorecard

Revenue
5.57m NOK 5.57m NOK
-0.1%
Operating result
+2.23m NOK +2.95m NOK
+32.3%
Net result
+1.74m NOK +2.29m NOK
+31.5%
Equity
30.0k NOK 30.0k NOK
0.0%
Cash
1.98m NOK 2.21m NOK
+11.7%
Total assets
2.95m NOK 3.53m NOK
+19.7%

What improved

  • ↑

    Operating result improved

    Operating result +2.23m NOK → +2.95m NOK (op. margin 39.9% → 52.9%). Calculated

  • ↑

    Net result improved

    Net result +1.74m NOK → +2.29m NOK (net margin 31.2% → 41.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.98m NOK → 2.21m NOK (+11.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.58m NOK → 1.62m NOK (46% → 29% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.57m NOK to 5.57m NOK (-0.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation