FirmaIQ
Org.nr 898 385 442 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET MONICA LINDBECK AS: årsregnskap 2020 vs 2019

Shrank 24% on revenue, slipped into loss, cash halved-plus

approved 2021-04-28; registry 2021-05-03; journal 2021 248782

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET MONICA LINDBECK AS. Revenue 1.97m NOK → 1.49m NOK (-24.3%). Net result +339.5k NOK → -51.4k NOK. Equity 128.5k NOK → 77.2k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.97m NOK 1.49m NOK
-24.3%
Operating result
+456.2k NOK -55.5k NOK
-112.2%
Net result
+339.5k NOK -51.4k NOK
-115.1%
Equity
128.5k NOK 77.2k NOK
-40.0%
Cash
253.6k NOK 126.1k NOK
-50.3%
Total assets
809.7k NOK 487.2k NOK
-39.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.97m NOK to 1.49m NOK (-24.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +456.2k NOK → -55.5k NOK (op. margin 23.2% → -3.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 339.5k NOK profit to a loss of 51.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 128.5k NOK → 77.2k NOK (equity ratio 15.9% → 15.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 253.6k NOK → 126.1k NOK (-50.3% YoY). Calculated