FirmaIQ
Org.nr 983 524 486 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET KOPSTAD AS: årsregnskap 2020 vs 2019

Shrank 33% on revenue, stronger earnings

approved 2021-04-30; registry 2021-05-10; journal 2021 279292

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET KOPSTAD AS. Revenue 3.59m NOK → 2.41m NOK (-32.8%). Net result +2 071 NOK → +17.2k NOK. Equity 921.0k NOK → 938.2k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
3.59m NOK 2.41m NOK
-32.8%
Operating result
+2 591 NOK -85.3k NOK
-3391.2%
Net result
+2 071 NOK +17.2k NOK
+732.8%
Equity
921.0k NOK 938.2k NOK
+1.9%
Cash
611.6k NOK 849.9k NOK
+39.0%
Total assets
1.76m NOK 1.46m NOK
-16.8%

What improved

  • ↑

    Net result improved

    Net result +2 071 NOK → +17.2k NOK (net margin 0.1% → 0.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 921.0k NOK → 938.2k NOK (equity ratio 52.3% → 64.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 611.6k NOK → 849.9k NOK (+39.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.63m NOK → 1.75m NOK (73% → 73% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.59m NOK to 2.41m NOK (-32.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2 591 NOK → -85.3k NOK (op. margin 0.1% → -3.5%). Calculated