FirmaIQ
Org.nr 998 497 299 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET HELLERUD PETERSEN AS: årsregnskap 2020 vs 2019

Shrank 31% on revenue, weaker earnings, cash halved-plus

approved 2021-03-25; registry 2021-04-08; journal 2021 189823

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET HELLERUD PETERSEN AS. Revenue 1.26m NOK → 870.4k NOK (-31.0%). Net result +26.6k NOK → +8 822 NOK. Equity 111.4k NOK → 120.2k 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 HELLERUD PETERSEN AS.

At a glance

Scorecard

Revenue
1.26m NOK 870.4k NOK
-31.0%
Operating result
+49.4k NOK +15.9k NOK
-67.8%
Net result
+26.6k NOK +8 822 NOK
-66.8%
Equity
111.4k NOK 120.2k NOK
+7.9%
Cash
414.3k NOK 203.1k NOK
-51.0%
Total assets
821.0k NOK 325.3k NOK
-60.4%

What improved

  • ↑

    Equity strengthened

    Book equity 111.4k NOK → 120.2k NOK (equity ratio 13.6% → 36.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.26m NOK to 870.4k NOK (-31.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +49.4k NOK → +15.9k NOK (op. margin 3.9% → 1.8%). Calculated

  • ↓

    Net result weakened

    Net result +26.6k NOK → +8 822 NOK (net margin 2.1% → 1.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 414.3k NOK → 203.1k NOK (-51.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 15.9k NOK → 696 NOK (-95.6% YoY). Calculated