FirmaIQ
Org.nr 979 467 249 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET AASEN AS: årsregnskap 2020 vs 2019

Another loss-making year

approved 2021-04-30; registry 2021-05-12; journal 2021 282707

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET AASEN AS. Revenue 4.07m NOK → 4.20m NOK (+3.2%). Net result -179.3k NOK → -192.5k NOK. Equity 375.4k NOK → 183.3k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET AASEN AS.

At a glance

Scorecard

Revenue
4.07m NOK 4.20m NOK
+3.2%
Operating result
-179.9k NOK -201.5k NOK
-12.0%
Net result
-179.3k NOK -192.5k NOK
-7.3%
Equity
375.4k NOK 183.3k NOK
-51.2%
Cash
467.1k NOK 362.7k NOK
-22.3%
Total assets
1.64m NOK 1.47m NOK
-10.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.07m NOK to 4.20m NOK (+3.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -179.9k NOK → -201.5k NOK (op. margin -4.4% → -4.8%). Calculated

  • ↓

    Net result weakened

    Net result -179.3k NOK → -192.5k NOK (net margin -4.4% → -4.6%). Calculated

  • ↓

    Equity eroded

    Book equity 375.4k NOK → 183.3k NOK (equity ratio 22.9% → 12.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 467.1k NOK → 362.7k NOK (-22.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.26m NOK → 3.36m NOK (80% → 80% of revenue). Calculated