FirmaIQ
Org.nr 979 715 722 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET FJELDHEIM AS: årsregnskap 2020 vs 2019

Shrank 35% on revenue, slipped into loss

approved 2021-03-12; registry 2021-03-18; journal 2021 154921

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET FJELDHEIM AS. Revenue 634.1k NOK → 412.4k NOK (-35.0%). Net result +73.2k NOK → -3 814 NOK. Equity 515.5k NOK → 511.7k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
634.1k NOK 412.4k NOK
-35.0%
Operating result
+94.9k NOK -3 277 NOK
-103.5%
Net result
+73.2k NOK -3 814 NOK
-105.2%
Equity
515.5k NOK 511.7k NOK
-0.7%
Cash
501.5k NOK 648.0k NOK
+29.2%
Total assets
622.0k NOK 663.6k NOK
+6.7%

What improved

  • ↑

    Cash rose

    Bank deposits 501.5k NOK → 648.0k NOK (+29.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 634.1k NOK to 412.4k NOK (-35.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +94.9k NOK → -3 277 NOK (op. margin 15.0% → -0.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 73.2k NOK profit to a loss of 3 814 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 515.5k NOK → 511.7k NOK (equity ratio 82.9% → 77.1%). Calculated