FirmaIQ
Org.nr 913 578 880 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET NYSTUEN & BØEN AS: årsregnskap 2020 vs 2019

Shrank 6% on revenue, weaker earnings

approved 2021-04-30; registry 2021-05-03; journal 2021 257088

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET NYSTUEN & BØEN AS. Revenue 6.56m NOK → 6.16m NOK (-6.1%). Net result +1.83m NOK → +1.43m NOK. Equity 210.0k NOK → 210.0k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
6.56m NOK 6.16m NOK
-6.1%
Operating result
+2.35m NOK +1.84m NOK
-21.9%
Net result
+1.83m NOK +1.43m NOK
-21.9%
Equity
210.0k NOK 210.0k NOK
0.0%
Cash
627.6k NOK 430.8k NOK
-31.4%
Total assets
6.64m NOK 5.25m NOK
-21.0%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.79m NOK → 2.78m NOK (43% → 45% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.56m NOK to 6.16m NOK (-6.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.35m NOK → +1.84m NOK (op. margin 35.8% → 29.8%). Calculated

  • ↓

    Net result weakened

    Net result +1.83m NOK → +1.43m NOK (net margin 27.9% → 23.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 627.6k NOK → 430.8k NOK (-31.4% YoY). Calculated