FirmaIQ
Org.nr 912 064 735 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET SKRÅNING AS: årsregnskap 2020 vs 2019

Slipped into loss, cash halved-plus

approved 2021-04-29; registry 2021-05-04; journal 2021 257842

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET SKRÅNING AS. Revenue 311.5k NOK → 303.0k NOK (-2.7%). Net result +62.3k NOK → -8 079 NOK. Equity 6.12m NOK → 101.5k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
311.5k NOK 303.0k NOK
-2.7%
Operating result
+64.9k NOK -7 503 NOK
-111.6%
Net result
+62.3k NOK -8 079 NOK
-113.0%
Equity
6.12m NOK 101.5k NOK
-98.3%
Cash
59.2k NOK 20.9k NOK
-64.8%
Total assets
258.1k NOK 219.5k NOK
-15.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 311.5k NOK to 303.0k NOK (-2.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +64.9k NOK → -7 503 NOK (op. margin 20.8% → -2.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 62.3k NOK profit to a loss of 8 079 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 6.12m NOK → 101.5k NOK (equity ratio 2372.7% → 46.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 59.2k NOK → 20.9k NOK (-64.8% YoY). Calculated