FirmaIQ
Org.nr 998 578 957 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET RAFTEVOLL AS: årsregnskap 2020 vs 2019

Shrank 6% on revenue, stronger earnings

approved 2021-08-25; registry 2021-08-28; journal 2021 685152

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET RAFTEVOLL AS. Revenue 2.38m NOK → 2.24m NOK (-6.0%). Net result +24.2k NOK → +140.6k NOK. Equity 92.7k NOK → 10.23m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.38m NOK 2.24m NOK
-6.0%
Operating result
+61.7k NOK +190.2k NOK
+208.1%
Net result
+24.2k NOK +140.6k NOK
+481.5%
Equity
92.7k NOK 10.23m NOK
+10943.2%
Cash
57.6k NOK 36.2k NOK
-37.2%
Total assets
654.0k NOK 846.9k NOK
+29.5%

What improved

  • ↑

    Operating result improved

    Operating result +61.7k NOK → +190.2k NOK (op. margin 2.6% → 8.5%). Calculated

  • ↑

    Net result improved

    Net result +24.2k NOK → +140.6k NOK (net margin 1.0% → 6.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 92.7k NOK → 10.23m NOK (equity ratio 14.2% → 1208.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.04× → 1.38×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.38m NOK to 2.24m NOK (-6.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 57.6k NOK → 36.2k NOK (-37.2% YoY). Calculated