Org.nr 918 278 265 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET SYRDAL CHRISTIANSEN AS: årsregnskap 2020 vs 2019

Shrank 33% on revenue, cash halved-plus

approved 2021-01-31; registry 2021-03-24; journal 2021 167071

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET SYRDAL CHRISTIANSEN AS. Revenue 1.49m NOK → 996.9k NOK (-33.0%). Equity 12.26m NOK → 13.80m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1.49m NOK 996.9k NOK
-33.0%
Operating result
n/m +687.2k NOK
—
Net result
n/m +531.9k NOK
—
Equity
12.26m NOK 13.80m NOK
+12.5%
Cash
730.9k NOK 239.6k NOK
-67.2%
Total assets
838.1k NOK 297.2k NOK
-64.5%

What improved

  • ↑

    Equity strengthened

    Book equity 12.26m NOK → 13.80m NOK (equity ratio 1463.2% → 4642.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 893.1k NOK → 235.5k NOK (60% → 24% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.49m NOK to 996.9k NOK (-33.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 730.9k NOK → 239.6k NOK (-67.2% YoY). Calculated