Org.nr 993 785 105 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET BRINDEM AS: årsregnskap 2020 vs 2019

Shrank 13% on revenue, stronger earnings

registry 2021-04-29; journal 2021 238704

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET BRINDEM AS. Revenue 1.57m NOK → 1.37m NOK (-13.0%). Net result +39.0k NOK → +159.9k NOK. Equity 56.0k NOK → 215.9k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
1.57m NOK 1.37m NOK
-13.0%
Operating result
+52.5k NOK +207.2k NOK
+294.7%
Net result
+39.0k NOK +159.9k NOK
+310.0%
Equity
56.0k NOK 215.9k NOK
+285.3%
Cash
16.5k NOK 467.3k NOK
+2733.5%
Total assets
592.6k NOK 643.1k NOK
+8.5%

What improved

  • ↑

    Operating result improved

    Operating result +52.5k NOK → +207.2k NOK (op. margin 3.3% → 15.2%). Calculated

  • ↑

    Net result improved

    Net result +39.0k NOK → +159.9k NOK (net margin 2.5% → 11.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 56.0k NOK → 215.9k NOK (equity ratio 9.5% → 33.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 16.5k NOK → 467.3k NOK (+2733.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 777.7k NOK → 515.2k NOK (50% → 38% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.57m NOK to 1.37m NOK (-13.0% YoY). Calculated