FirmaIQ
Org.nr 993 459 852 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET ASTHOR AS: årsregnskap 2020 vs 2019

Shrank 7% on revenue, weaker earnings, cash halved-plus

registry 2021-05-03; journal 2021 253710

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET ASTHOR AS. Revenue 6.24m NOK → 5.79m NOK (-7.3%). Net result +634.30bn NOK → +823.0k NOK. Equity 377.0k NOK → 800.0k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET ASTHOR AS.

At a glance

Scorecard

Revenue
6.24m NOK 5.79m NOK
-7.3%
Operating result
+947.6k NOK +1 173 NOK
-99.9%
Net result
+634.30bn NOK +823.0k NOK
-100.0%
Equity
377.0k NOK 800.0k NOK
+112.2%
Cash
957.3k NOK 336.3k NOK
-64.9%
Total assets
5.97m NOK 5.85m NOK
-2.0%

What improved

  • ↑

    Equity strengthened

    Book equity 377.0k NOK → 800.0k NOK (equity ratio 6.3% → 13.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.24m NOK to 5.79m NOK (-7.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +947.6k NOK → +1 173 NOK (op. margin 15.2% → 0.0%). Calculated

  • ↓

    Net result weakened

    Net result +634.30bn NOK → +823.0k NOK (net margin 10160760.0% → 14.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 957.3k NOK → 336.3k NOK (-64.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 107.2k NOK → 68.5k NOK (-36.1% YoY). Calculated