FirmaIQ
Org.nr 968 013 610 2019 → 2020 Year-over-year analysis

ADVOKATFIRMA VARJAG AS: årsregnskap 2020 vs 2019

Shrank 6% on revenue

approved 2021-04-28; registry 2021-05-03; journal 2021 248630

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMA VARJAG AS. Revenue 8.11m NOK → 7.59m NOK (-6.3%). Net result +505.4k NOK → +511.5k NOK. Equity 10.45m NOK → 11.38m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
8.11m NOK 7.59m NOK
-6.3%
Operating result
+534.1k NOK +512.1k NOK
-4.1%
Net result
+505.4k NOK +511.5k NOK
+1.2%
Equity
10.45m NOK 11.38m NOK
+8.8%
Cash
41.6k NOK 602.1k NOK
+1346.0%
Total assets
2.83m NOK 1.52m NOK
-46.3%

What improved

  • ↑

    Equity strengthened

    Book equity 10.45m NOK → 11.38m NOK (equity ratio 369.3% → 747.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 41.6k NOK → 602.1k NOK (+1346.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.11m NOK to 7.59m NOK (-6.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +534.1k NOK → +512.1k NOK (op. margin 6.6% → 6.7%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 3.82m NOK → 4.01m NOK (+4.8% YoY). Calculated