ADVOKATFIRMAET TORUNN HAUG AS: årsregnskap 2020 vs 2019
Shrank 6% on revenue, weaker earnings, cash halved-plus
approved 2021-04-19; registry 2021-04-22; journal 2021 217535
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET TORUNN HAUG AS. Revenue 1.84m NOK → 1.73m NOK (-6.2%). Net result +492.4k NOK → +369.4k NOK. Equity 150.2k NOK → 919.7k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 150.2k NOK → 919.7k NOK (equity ratio 10.1% → 58.3%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.84m NOK to 1.73m NOK (-6.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +640.3k NOK → +472.9k NOK (op. margin 34.7% → 27.4%). Calculated
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↓
Net result weakened
Net result +492.4k NOK → +369.4k NOK (net margin 26.7% → 21.4%). Calculated
-
↓
Cash fell
Bank deposits 800.1k NOK → 126.1k NOK (-84.2% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 4 592 NOK → 86.3k NOK (+1778.7% YoY). Calculated