FirmaIQ
Org.nr 922 689 067 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET TROSTEN AS: årsregnskap 2020 vs 2019

Shrank 33% on revenue, weaker earnings

approved 2021-04-30; registry 2021-05-03; journal 2021 253562

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET TROSTEN AS. Revenue 19.8k NOK → 13.3k NOK (-32.6%). Net result -1 576 NOK → -16.3k NOK. Equity 28.5k NOK → 12.3k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
19.8k NOK 13.3k NOK
-32.6%
Operating result
-1 582 NOK -16.3k NOK
-927.5%
Net result
-1 576 NOK -16.3k NOK
-931.3%
Equity
28.5k NOK 12.3k NOK
-57.0%
Cash
2 302 NOK 35.2k NOK
+1431.2%
Total assets
28.5k NOK 44.7k NOK
+56.8%

What improved

  • ↑

    Cash rose

    Bank deposits 2 302 NOK → 35.2k NOK (+1431.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 19.8k NOK to 13.3k NOK (-32.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -1 582 NOK → -16.3k NOK (op. margin -8.0% → -122.1%). Calculated

  • ↓

    Net result weakened

    Net result -1 576 NOK → -16.3k NOK (net margin -8.0% → -122.1%). Calculated

  • ↓

    Equity eroded

    Book equity 28.5k NOK → 12.3k NOK (equity ratio 100.0% → 27.4%). Calculated