FirmaIQ
Org.nr 922 293 635 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET AASGARDR AS: årsregnskap 2020 vs 2019

Shrank 11% on revenue, slipped into loss, fresh owner capital

approved 2021-04-25; registry 2021-05-03; journal 2021 251930

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET AASGARDR AS. Revenue 85.2k NOK → 75.7k NOK (-11.2%). Net result +11.9k NOK → -5 614 NOK. Equity 36.3k NOK → 30.7k NOK.

On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
85.2k NOK 75.7k NOK
-11.2%
Operating result
+13.7k NOK -5 604 NOK
-141.0%
Net result
+11.9k NOK -5 614 NOK
-147.2%
Equity
36.3k NOK 30.7k NOK
-15.5%
Cash
20.7k NOK 33.9k NOK
+63.9%
Total assets
44.1k NOK 49.7k NOK
+12.7%

What improved

  • ↑

    Cash rose

    Bank deposits 20.7k NOK → 33.9k NOK (+63.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 36.3k NOK (+11.9k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 85.2k NOK to 75.7k NOK (-11.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +13.7k NOK → -5 604 NOK (op. margin 16.0% → -7.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 11.9k NOK profit to a loss of 5 614 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 36.3k NOK → 30.7k NOK (equity ratio 82.3% → 61.7%). Calculated