FirmaIQ
Org.nr 819 854 602 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET TORGERSEN AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-02-19; registry 2021-04-10; journal 2021 190914

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET TORGERSEN AS. Revenue 2.51m NOK → 2.51m NOK (-0.2%). Net result +762.5k NOK → +739.4k NOK. Equity 10.49m NOK → 11.68m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.51m NOK 2.51m NOK
-0.2%
Operating result
+985.6k NOK +949.2k NOK
-3.7%
Net result
+762.5k NOK +739.4k NOK
-3.0%
Equity
10.49m NOK 11.68m NOK
+11.3%
Cash
9 377 NOK 1.21m NOK
+12857.2%
Total assets
605.8k NOK 1.84m NOK
+203.2%

What improved

  • ↑

    Equity strengthened

    Book equity 10.49m NOK → 11.68m NOK (equity ratio 1731.7% → 635.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 9 377 NOK → 1.21m NOK (+12857.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.51m NOK to 2.51m NOK (-0.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +985.6k NOK → +949.2k NOK (op. margin 39.2% → 37.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 1.15m NOK (0% → 46% of revenue). Calculated