FirmaIQ
Org.nr 921 631 197 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET WEISS-ANDERSEN AS: årsregnskap 2020 vs 2019

Grew 150% on revenue, stronger earnings

approved 2021-03-15; registry 2021-03-29; journal 2021 177358

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET WEISS-ANDERSEN AS. Revenue 998.8k NOK → 2.50m NOK (+149.9%). Net result +6 287 NOK → +562.1k NOK. Equity 11.17m NOK → 10.72m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
998.8k NOK 2.50m NOK
+149.9%
Operating result
+23.9k NOK +747.3k NOK
+3024.6%
Net result
+6 287 NOK +562.1k NOK
+8840.4%
Equity
11.17m NOK 10.72m NOK
-4.1%
Cash
371.7k NOK 815.7k NOK
+119.5%
Total assets
762.7k NOK 300.4k NOK
-60.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 998.8k NOK to 2.50m NOK (+149.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +23.9k NOK → +747.3k NOK (op. margin 2.4% → 29.9%). Calculated

  • ↑

    Net result improved

    Net result +6 287 NOK → +562.1k NOK (net margin 0.6% → 22.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 371.7k NOK → 815.7k NOK (+119.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 11.17m NOK → 10.72m NOK (equity ratio 1464.8% → 3568.4%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.29× → 0.52× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated