FirmaIQ
Org.nr 999 584 071 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET MONSEN AS: årsregnskap 2020 vs 2019

Shrank 34% on revenue, weaker earnings

approved 2021-03-26; registry 2021-03-30; journal 2021 177784

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET MONSEN AS. Revenue 223.6k NOK → 148.5k NOK (-33.6%). Net result +42.3k NOK → +17.4k NOK. Equity 30.1k NOK → 12.7k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
223.6k NOK 148.5k NOK
-33.6%
Operating result
+42.2k NOK -18.0k NOK
-142.7%
Net result
+42.3k NOK +17.4k NOK
-59.0%
Equity
30.1k NOK 12.7k NOK
-57.7%
Cash
94.2k NOK 82.9k NOK
-12.1%
Total assets
94.2k NOK 82.9k NOK
-12.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 223.6k NOK to 148.5k NOK (-33.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +42.2k NOK → -18.0k NOK (op. margin 18.9% → -12.1%). Calculated

  • ↓

    Net result weakened

    Net result +42.3k NOK → +17.4k NOK (net margin 18.9% → 11.7%). Calculated

  • ↓

    Equity eroded

    Book equity 30.1k NOK → 12.7k NOK (equity ratio 31.9% → 15.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 94.2k NOK → 82.9k NOK (-12.1% YoY). Calculated