FirmaIQ
Org.nr 916 571 429 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET STIG NILSEN AS: årsregnskap 2020 vs 2019

Shrank 20% on revenue, stronger earnings

approved 2021-04-30; registry 2021-05-10; journal 2021 275750

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET STIG NILSEN AS. Revenue 2.96m NOK → 2.36m NOK (-20.4%). Net result +165.6k NOK → +382.8k NOK. Equity 405.8k NOK → 738.6k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.96m NOK 2.36m NOK
-20.4%
Operating result
+217.7k NOK +499.9k NOK
+129.6%
Net result
+165.6k NOK +382.8k NOK
+131.2%
Equity
405.8k NOK 738.6k NOK
+82.0%
Cash
568.1k NOK 614.9k NOK
+8.3%
Total assets
1.62m NOK 1.67m NOK
+2.8%

What improved

  • ↑

    Operating result improved

    Operating result +217.7k NOK → +499.9k NOK (op. margin 7.3% → 21.2%). Calculated

  • ↑

    Net result improved

    Net result +165.6k NOK → +382.8k NOK (net margin 5.6% → 16.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 405.8k NOK → 738.6k NOK (equity ratio 25.0% → 44.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 568.1k NOK → 614.9k NOK (+8.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.96m NOK to 2.36m NOK (-20.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.98m NOK → 5.16m NOK (67% → 219% of revenue). Calculated