FirmaIQ
Org.nr 880 562 452 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET ANKER AS: årsregnskap 2020 vs 2019

Shrank 11% on revenue, stronger earnings

registry 2021-05-01; journal 2021 244595

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET ANKER AS. Revenue 9.15m NOK → 8.10m NOK (-11.4%). Net result +1.03m NOK → +4.34m NOK. Equity 6.21m NOK → 1.55m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
9.15m NOK 8.10m NOK
-11.4%
Operating result
+1.33m NOK +414.1k NOK
-68.8%
Net result
+1.03m NOK +4.34m NOK
+321.6%
Equity
6.21m NOK 1.55m NOK
-75.0%
Cash
1.51m NOK 1.52m NOK
+0.7%
Total assets
8.65m NOK 8.21m NOK
-5.1%

What improved

  • ↑

    Net result improved

    Net result +1.03m NOK → +4.34m NOK (net margin 11.3% → 53.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.51m NOK → 1.52m NOK (+0.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.67m NOK → 5.20m NOK (62% → 64% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.15m NOK to 8.10m NOK (-11.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.33m NOK → +414.1k NOK (op. margin 14.5% → 5.1%). Calculated

  • ↓

    Equity eroded

    Book equity 6.21m NOK → 1.55m NOK (equity ratio 71.8% → 18.9%). Calculated