FirmaIQ
Org.nr 996 156 281 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET AMBLE AS: årsregnskap 2020 vs 2019

Shrank 13% on revenue, weaker earnings

approved 2021-04-29; registry 2021-05-03; journal 2021 253944

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET AMBLE AS. Revenue 1.55m NOK → 1.35m NOK (-13.0%). Net result -97.0k NOK → -279.8k NOK. Equity 402.1k NOK → 122.3k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.55m NOK 1.35m NOK
-13.0%
Operating result
-70.9k NOK -170.5k NOK
-140.4%
Net result
-97.0k NOK -279.8k NOK
-188.3%
Equity
402.1k NOK 122.3k NOK
-69.6%
Cash
77.2k NOK 118.0k NOK
+52.9%
Total assets
615.7k NOK 401.3k NOK
-34.8%

What improved

  • ↑

    Cash rose

    Bank deposits 77.2k NOK → 118.0k NOK (+52.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 829.7k NOK → 761.0k NOK (54% → 57% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.55m NOK to 1.35m NOK (-13.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -70.9k NOK → -170.5k NOK (op. margin -4.6% → -12.7%). Calculated

  • ↓

    Net result weakened

    Net result -97.0k NOK → -279.8k NOK (net margin -6.3% → -20.8%). Calculated

  • ↓

    Equity eroded

    Book equity 402.1k NOK → 122.3k NOK (equity ratio 65.3% → 30.5%). Calculated