FirmaIQ
Org.nr 979 693 877 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET ANDERSEN & SNERTHAMMER AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-01-21; registry 2021-02-22; journal 2021 122541

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET ANDERSEN & SNERTHAMMER AS. Revenue 6.70m NOK → 6.66m NOK (-0.5%). Equity 1.00m NOK → 11.4k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ANDERSEN & SNERTHAMMER AS.

At a glance

Scorecard

Revenue
6.70m NOK 6.66m NOK
-0.5%
Operating result
n/m +3.08m NOK
—
Net result
n/m +2.48m NOK
—
Equity
1.00m NOK 11.4k NOK
-98.9%
Cash
2.72m NOK 2.52m NOK
-7.3%
Total assets
5.25m NOK 5.18m NOK
-1.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.70m NOK to 6.66m NOK (-0.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.00m NOK → 11.4k NOK (equity ratio 19.1% → 0.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.72m NOK → 2.52m NOK (-7.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.48m NOK → 2.63m NOK (37% → 39% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 196.1k NOK → 7 100 NOK. Reported fact