FirmaIQ
Org.nr 922 601 887 2019 → 2020 Year-over-year analysis

ADVOKATFORUM OSLO AS: årsregnskap 2020 vs 2019

Shrank 29% on revenue, weaker earnings

approved 2021-05-19; registry 2021-05-29; journal 2021 339301

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFORUM OSLO AS. Revenue 690.3k NOK → 487.5k NOK (-29.4%). Net result +119.2k NOK → +82.4k NOK. Equity 153.7k NOK → 236.0k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
690.3k NOK 487.5k NOK
-29.4%
Operating result
+151.9k NOK +106.6k NOK
-29.9%
Net result
+119.2k NOK +82.4k NOK
-30.9%
Equity
153.7k NOK 236.0k NOK
+53.6%
Cash
4 170 NOK 265.6k NOK
+6268.7%
Total assets
255.2k NOK 484.5k NOK
+89.9%

What improved

  • ↑

    Equity strengthened

    Book equity 153.7k NOK → 236.0k NOK (equity ratio 60.2% → 48.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 4 170 NOK → 265.6k NOK (+6268.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 690.3k NOK to 487.5k NOK (-29.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +151.9k NOK → +106.6k NOK (op. margin 22.0% → 21.9%). Calculated

  • ↓

    Net result weakened

    Net result +119.2k NOK → +82.4k NOK (net margin 17.3% → 16.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 64.2k NOK → 3.20m NOK (9% → 657% of revenue). Calculated