FirmaIQ
Org.nr 991 340 580 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET FINN AS: årsregnskap 2020 vs 2019

Fresh owner capital

approved 2021-04-19; registry 2021-05-01; journal 2021 244951

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET FINN AS. Revenue 13.91m NOK → 13.71m NOK (-1.4%). Net result +67.1k NOK → +62.7k NOK. Equity 2.25m NOK → 2.88m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
13.91m NOK 13.71m NOK
-1.4%
Operating result
+161.6k NOK +159.8k NOK
-1.1%
Net result
+67.1k NOK +62.7k NOK
-6.6%
Equity
2.25m NOK 2.88m NOK
+28.2%
Cash
279.4k NOK 660.4k NOK
+136.4%
Total assets
4.46m NOK 4.86m NOK
+8.9%

What improved

  • ↑

    Equity strengthened

    Book equity 2.25m NOK → 2.88m NOK (equity ratio 50.4% → 59.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 279.4k NOK → 660.4k NOK (+136.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.41m NOK → 1.76m NOK (+343.4k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 10.86m NOK → 10.51m NOK (78% → 77% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 13.91m NOK to 13.71m NOK (-1.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +161.6k NOK → +159.8k NOK (op. margin 1.2% → 1.2%). Calculated

  • ↓

    Net result weakened

    Net result +67.1k NOK → +62.7k NOK (net margin 0.5% → 0.5%). Calculated