FirmaIQ
Org.nr 922 668 760 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET JULNES AS: årsregnskap 2020 vs 2019

Shrank 91% on revenue

approved 2021-04-09; registry 2021-04-15; journal 2021 202969

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET JULNES AS. Revenue 795.8k NOK → 75.1k NOK (-90.6%). Net result +60.8k NOK → +61.5k NOK. Equity 90.8k NOK → 152.3k NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
795.8k NOK 75.1k NOK
-90.6%
Operating result
+77.9k NOK +80.7k NOK
+3.5%
Net result
+60.8k NOK +61.5k NOK
+1.2%
Equity
90.8k NOK 152.3k NOK
+67.8%
Cash
75.7k NOK 78.3k NOK
+3.5%
Total assets
305.6k NOK 421.5k NOK
+37.9%

What improved

  • ↑

    Operating result improved

    Operating result +77.9k NOK → +80.7k NOK (op. margin 9.8% → 107.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 90.8k NOK → 152.3k NOK (equity ratio 29.7% → 36.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 75.7k NOK → 78.3k NOK (+3.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 795.8k NOK to 75.1k NOK (-90.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 282 NOK → 499.0k NOK (0% → 665% of revenue). Calculated