FirmaIQ
Org.nr 998 450 039 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET UNNELAND AS: årsregnskap 2020 vs 2019

Shrank 6% on revenue, returned to profit

approved 2021-03-17; registry 2021-03-24; journal 2021 165061

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET UNNELAND AS. Revenue 11.06m NOK → 10.43m NOK (-5.7%). Net result -750.6k NOK → +911.3k NOK. Equity 21.34m NOK → 22.25m NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
11.06m NOK 10.43m NOK
-5.7%
Operating result
n/m +1.27m NOK
—
Net result
-750.6k NOK +911.3k NOK
+221.4%
Equity
21.34m NOK 22.25m NOK
+4.3%
Cash
8.14m NOK 17.43m NOK
+114.2%
Total assets
23.12m NOK 24.42m NOK
+5.6%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 750.6k NOK to a profit of 911.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 21.34m NOK → 22.25m NOK (equity ratio 92.3% → 91.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 8.14m NOK → 17.43m NOK (+114.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 8.36m NOK → 6.03m NOK (76% → 58% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.06m NOK to 10.43m NOK (-5.7% YoY). Calculated