Org.nr 917 019 983 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET TAHA AS: årsregnskap 2020 vs 2019

Shrank 19% on revenue, returned to profit

approved 2021-04-30; registry 2021-05-03; journal 2021 256650

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET TAHA AS. Revenue 2.49m NOK → 2.01m NOK (-19.1%). Net result -472.5k NOK → +441.2k NOK.

On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell; current ratio dropped below 1×.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET TAHA AS.

At a glance

Revenue

2.49m NOK 2.01m NOK

-19.1%

Operating result

-450.7k NOK +454.3k NOK

+200.8%

Net result

-472.5k NOK +441.2k NOK

+193.4%

Equity

n/m -200.6k NOK

—

Cash

244.7k NOK 529.1k NOK

+116.3%

Total assets

395.4k NOK 774.0k NOK

+95.7%

↑
Operating result improved

Operating result -450.7k NOK → +454.3k NOK (op. margin -18.1% → 22.6%). Calculated
↑
Turned profitable

Net result flipped from a loss of 472.5k NOK to a profit of 441.2k NOK. Calculated
↑
Cash rose

Bank deposits 244.7k NOK → 529.1k NOK (+116.3% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.49m NOK to 2.01m NOK (-19.1% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 9.88× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated