FirmaIQ
Org.nr 996 400 832 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET LIPPESTAD AS: årsregnskap 2020 vs 2019

Shrank 5% on revenue, stronger earnings

approved 2021-04-29; registry 2021-05-03; journal 2021 255624

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET LIPPESTAD AS. Revenue 17.37m NOK → 16.46m NOK (-5.2%). Net result +164.2k NOK → +669.7k NOK. Equity 83.7k NOK → 2.75m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
17.37m NOK 16.46m NOK
-5.2%
Operating result
+559.6k NOK +880.7k NOK
+57.4%
Net result
+164.2k NOK +669.7k NOK
+307.9%
Equity
83.7k NOK 2.75m NOK
+3188.9%
Cash
121.3k NOK 569.3k NOK
+369.2%
Total assets
7.50m NOK 9.04m NOK
+20.6%

What improved

  • ↑

    Operating result improved

    Operating result +559.6k NOK → +880.7k NOK (op. margin 3.2% → 5.4%). Calculated

  • ↑

    Net result improved

    Net result +164.2k NOK → +669.7k NOK (net margin 0.9% → 4.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 83.7k NOK → 2.75m NOK (equity ratio 1.1% → 30.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 121.3k NOK → 569.3k NOK (+369.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.37m NOK to 16.46m NOK (-5.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 8.19m NOK → 8.78m NOK (47% → 53% of revenue). Calculated