FirmaIQ
Org.nr 990 625 972 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET BERNGAARD AS: årsregnskap 2020 vs 2019

Shrank 5% on revenue, weaker earnings, fresh owner capital

approved 2021-04-28; registry 2021-05-03; journal 2021 252644

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET BERNGAARD AS. Revenue 37.57m NOK → 35.52m NOK (-5.5%). Net result +6.83m NOK → +2.98m NOK. Equity 9.10m NOK → 5.24m NOK.

On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
37.57m NOK 35.52m NOK
-5.5%
Operating result
+8.78m NOK +3.89m NOK
-55.7%
Net result
+6.83m NOK +2.98m NOK
-56.4%
Equity
9.10m NOK 5.24m NOK
-42.4%
Cash
3.75m NOK 5.82m NOK
+55.1%
Total assets
17.82m NOK 13.83m NOK
-22.4%

What improved

  • ↑

    Cash rose

    Bank deposits 3.75m NOK → 5.82m NOK (+55.1% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 198 NOK → 198.0k NOK (+197.8k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 37.57m NOK to 35.52m NOK (-5.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +8.78m NOK → +3.89m NOK (op. margin 23.4% → 10.9%). Calculated

  • ↓

    Net result weakened

    Net result +6.83m NOK → +2.98m NOK (net margin 18.2% → 8.4%). Calculated

  • ↓

    Equity eroded

    Book equity 9.10m NOK → 5.24m NOK (equity ratio 51.1% → 37.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 20.47m NOK → 23.34m NOK (54% → 66% of revenue). Calculated