FirmaIQ
Org.nr 917 291 195 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET SØNNING AS: årsregnskap 2020 vs 2019

Shrank 24% on revenue

approved 2020-12-31; registry 2021-05-03; journal 2021 250444

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET SØNNING AS. Revenue 3.08m NOK → 2.34m NOK (-23.8%). Net result +1.98m NOK → +1.62m NOK. Equity 810.5k NOK → 810.5k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET SØNNING AS.

At a glance

Scorecard

Revenue
3.08m NOK 2.34m NOK
-23.8%
Operating result
+2.53m NOK +2.06m NOK
-18.8%
Net result
+1.98m NOK +1.62m NOK
-18.2%
Equity
810.5k NOK 810.5k NOK
+0.0%
Cash
1.17m NOK 1.75m NOK
+49.3%
Total assets
4.40m NOK 3.03m NOK
-31.2%

What improved

  • ↑

    Cash rose

    Bank deposits 1.17m NOK → 1.75m NOK (+49.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.08m NOK to 2.34m NOK (-23.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.53m NOK → +2.06m NOK (op. margin 82.4% → 87.8%). Calculated

  • ↓

    Net result weakened

    Net result +1.98m NOK → +1.62m NOK (net margin 64.3% → 69.1%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 432.2k NOK → 143.9k NOK (-66.7% YoY). Calculated