ADVOKATFIRMAET MUNIR AS: årsregnskap 2020 vs 2019
Shrank 36% on revenue, returned to profit
approved 2021-04-23; registry 2021-04-29; journal 2021 241510
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET MUNIR AS. Revenue 1.55m NOK → 992.5k NOK (-36.0%). Net result -271.6k NOK → +4 083 NOK. Equity 146.6k NOK → 150.7k NOK.
On the constructive side: turned profitable; equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 271.6k NOK to a profit of 4 083 NOK. Calculated
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↑
Equity strengthened
Book equity 146.6k NOK → 150.7k NOK (equity ratio 27.7% → 37.1%). Calculated
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↑
Payroll decreased
Salary cost 1.09m NOK → 455.7k NOK (70% → 46% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.55m NOK to 992.5k NOK (-36.0% YoY). Calculated
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↓
Operating result weakened
Operating result +271.2k NOK → +5 701 NOK (op. margin 17.5% → 0.6%). Calculated
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↓
Cash fell
Bank deposits 140.7k NOK → 84.3k NOK (-40.1% YoY). Calculated