ADVOKATFIRMAET OSLO LEGAL AS: årsregnskap 2020 vs 2019
Shrank 28% on revenue
approved 2021-04-27; registry 2021-05-03; journal 2021 249072
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET OSLO LEGAL AS. Revenue 2.49m NOK → 1.80m NOK (-28.0%). Net result +16.5k NOK → +7 426 NOK. Equity 52.4k NOK → 59.8k NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 52.4k NOK → 59.8k NOK (equity ratio 9.0% → 49.7%). Calculated
-
↑
Cash rose
Bank deposits 346.9k NOK → 513.6k NOK (+48.1% YoY). Calculated
-
↑
Payroll decreased
Salary cost 2.07m NOK → 1.36m NOK (83% → 76% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.49m NOK to 1.80m NOK (-28.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +21.9k NOK → +11.7k NOK (op. margin 0.9% → 0.6%). Calculated
-
↓
Net result weakened
Net result +16.5k NOK → +7 426 NOK (net margin 0.7% → 0.4%). Calculated