FirmaIQ
Org.nr 821 968 402 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET MØLLER AS: årsregnskap 2020 vs 2019

Grew 150578% on revenue, stronger earnings, fresh owner capital

approved 2021-03-19; registry 2021-03-29; journal 2021 175162

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET MØLLER AS. Revenue 6 501 NOK → 9.80m NOK (+150578.2%). Net result +3 652 NOK → +4.97m NOK. Equity 989.7k NOK → 45.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

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

At a glance

Scorecard

Revenue
6 501 NOK 9.80m NOK
+150578.2%
Operating result
+4.68m NOK +6.37m NOK
+36.2%
Net result
+3 652 NOK +4.97m NOK
+135994.5%
Equity
989.7k NOK 45.9k NOK
-95.4%
Cash
3 743 NOK 5.36m NOK
+143191.3%
Total assets
5.35m NOK 8.53m NOK
+59.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6 501 NOK to 9.80m NOK (+150578.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.68m NOK → +6.37m NOK (op. margin 72004.9% → 65.1%). Calculated

  • ↑

    Net result improved

    Net result +3 652 NOK → +4.97m NOK (net margin 56.2% → 50.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 3 743 NOK → 5.36m NOK (+143191.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 989.7k NOK → 45.9k NOK (equity ratio 18.5% → 0.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1 443 NOK → 2.73m NOK (22% → 28% of revenue). Calculated