FirmaIQ
Org.nr 920 696 732 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET ANDERS FOLKMAN AS: årsregnskap 2020 vs 2019

Slipped into loss, cash halved-plus

approved 2021-05-13; registry 2021-09-06; journal 2021 729096

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET ANDERS FOLKMAN AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +61.4k NOK → -4 077 NOK. Equity 428.0k NOK → 424.0k NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+1 417 NOK -4 077 NOK
-387.7%
Net result
+61.4k NOK -4 077 NOK
-106.6%
Equity
428.0k NOK 424.0k NOK
-1.0%
Cash
275.5k NOK 1 468 NOK
-99.5%
Total assets
440.3k NOK 442.5k NOK
+0.5%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1 417 NOK → -4 077 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 61.4k NOK profit to a loss of 4 077 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 428.0k NOK → 424.0k NOK (equity ratio 97.2% → 95.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 275.5k NOK → 1 468 NOK (-99.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 22.52× → 0.13× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated