Org.nr 998 544 122 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET PÅL NISSEN GRANLUND AS: årsregnskap 2020 vs 2019

Shrank 76% on revenue

approved 2021-04-30; registry 2021-05-03; journal 2021 256028

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET PÅL NISSEN GRANLUND AS. Revenue 729.7k NOK → 177.4k NOK (-75.7%). Net result +79 NOK → +9 487 NOK. Equity 11.23m NOK → 11.23m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET PÅL NISSEN GRANLUND AS.

Scorecard

Revenue
729.7k NOK 177.4k NOK
-75.7%
Operating result
+10.2k NOK +555 NOK
-94.6%
Net result
+79 NOK +9 487 NOK
+11908.9%
Equity
11.23m NOK 11.23m NOK
+0.0%
Cash
67.2k NOK 213.2k NOK
+217.1%
Total assets
535.4k NOK 874.2k NOK
+63.3%

What improved

  • ↑

    Net result improved

    Net result +79 NOK → +9 487 NOK (net margin 0.0% → 5.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 67.2k NOK → 213.2k NOK (+217.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.40m NOK → 944.0k NOK (329% → 532% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 729.7k NOK to 177.4k NOK (-75.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +10.2k NOK → +555 NOK (op. margin 1.4% → 0.3%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 21.5k NOK → 1 491 NOK (-93.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 12.0k NOK → 5 001 NOK. Reported fact