FirmaIQ
Org.nr 915 108 814 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET RETTIDIG AS: årsregnskap 2020 vs 2019

Shrank 66% on revenue

approved 2021-04-30; registry 2021-05-04; journal 2021 258512

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET RETTIDIG AS. Revenue 636.2k NOK → 214.9k NOK (-66.2%). Net result +494.6k NOK → +565.1k NOK. Equity 99.8k NOK → 3.20m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET RETTIDIG AS.

At a glance

Scorecard

Revenue
636.2k NOK 214.9k NOK
-66.2%
Operating result
+576.7k NOK +697.2k NOK
+20.9%
Net result
+494.6k NOK +565.1k NOK
+14.2%
Equity
99.8k NOK 3.20m NOK
+3102.2%
Cash
1 674 NOK 1 221 NOK
-27.1%
Total assets
609.7k NOK 413.6k NOK
-32.2%

What improved

  • ↑

    Operating result improved

    Operating result +576.7k NOK → +697.2k NOK (op. margin 90.6% → 324.4%). Calculated

  • ↑

    Net result improved

    Net result +494.6k NOK → +565.1k NOK (net margin 77.8% → 262.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 99.8k NOK → 3.20m NOK (equity ratio 16.4% → 773.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 636.2k NOK to 214.9k NOK (-66.2% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 9 775 NOK → 453.3k NOK (+4537.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 606.5k NOK → 212.5k NOK. Reported fact