FirmaIQ
Org.nr 920 531 725 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET MALM AS: årsregnskap 2020 vs 2019

Shrank 8% on revenue, weaker earnings, cash halved-plus

approved 2021-04-28; registry 2021-05-01; journal 2021 243637

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET MALM AS. Revenue 3.08m NOK → 2.84m NOK (-8.0%). Net result +345.0k NOK → +2 494 NOK. Equity 221.5k NOK → 1.22m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.08m NOK 2.84m NOK
-8.0%
Operating result
+384.4k NOK +61.9k NOK
-83.9%
Net result
+345.0k NOK +2 494 NOK
-99.3%
Equity
221.5k NOK 1.22m NOK
+452.7%
Cash
800.4k NOK 284.4k NOK
-64.5%
Total assets
2.16m NOK 2.01m NOK
-6.9%

What improved

  • ↑

    Equity strengthened

    Book equity 221.5k NOK → 1.22m NOK (equity ratio 10.2% → 60.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.01m NOK → 1.84m NOK (65% → 65% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.08m NOK to 2.84m NOK (-8.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +384.4k NOK → +61.9k NOK (op. margin 12.5% → 2.2%). Calculated

  • ↓

    Net result weakened

    Net result +345.0k NOK → +2 494 NOK (net margin 11.2% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 800.4k NOK → 284.4k NOK (-64.5% YoY). Calculated