FirmaIQ
Org.nr 979 393 172 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET LYSØ AS: årsregnskap 2020 vs 2019

Shrank 27% on revenue

approved 2021-04-29; registry 2021-07-14; journal 2021 482792

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET LYSØ AS. Revenue 5.62m NOK → 4.13m NOK (-26.7%). Net result +365.2k NOK → +350.1k NOK. Equity 784.0k NOK → 34.1k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET LYSØ AS.

At a glance

Scorecard

Revenue
5.62m NOK 4.13m NOK
-26.7%
Operating result
+471.0k NOK +449.5k NOK
-4.6%
Net result
+365.2k NOK +350.1k NOK
-4.1%
Equity
784.0k NOK 34.1k NOK
-95.7%
Cash
216.3k NOK 351.3k NOK
+62.4%
Total assets
2.13m NOK 2.67m NOK
+25.3%

What improved

  • ↑

    Cash rose

    Bank deposits 216.3k NOK → 351.3k NOK (+62.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.62m NOK to 4.13m NOK (-26.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +471.0k NOK → +449.5k NOK (op. margin 8.4% → 10.9%). Calculated

  • ↓

    Equity eroded

    Book equity 784.0k NOK → 34.1k NOK (equity ratio 36.8% → 1.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation