FirmaIQ
Org.nr 991 418 210 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET ROANDER & CO AS: årsregnskap 2020 vs 2019

Shrank 9% on revenue

approved 2021-04-14; registry 2021-04-21; journal 2021 214762

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET ROANDER & CO AS. Revenue 10.09m NOK → 9.24m NOK (-8.5%). Net result +2.08m NOK → +1.72m NOK. Equity 6.20m NOK → 6.42m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
10.09m NOK 9.24m NOK
-8.5%
Operating result
+2.66m NOK +2.20m NOK
-17.3%
Net result
+2.08m NOK +1.72m NOK
-17.2%
Equity
6.20m NOK 6.42m NOK
+3.5%
Cash
6.00m NOK 4.28m NOK
-28.7%
Total assets
11.71m NOK 10.64m NOK
-9.1%

What improved

  • ↑

    Equity strengthened

    Book equity 6.20m NOK → 6.42m NOK (equity ratio 52.9% → 60.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.09m NOK to 9.24m NOK (-8.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.66m NOK → +2.20m NOK (op. margin 26.3% → 23.8%). Calculated

  • ↓

    Net result weakened

    Net result +2.08m NOK → +1.72m NOK (net margin 20.6% → 18.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.00m NOK → 4.28m NOK (-28.7% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad -76.2k NOK → 23.8k NOK (+131.2% YoY). Calculated