FirmaIQ
Org.nr 992 564 342 2019 → 2020 Year-over-year analysis

ADVOKATHUSET BREIVIK AS: årsregnskap 2020 vs 2019

Shrank 14% on revenue, slipped into loss

approved 2021-04-30; registry 2021-05-04; journal 2021 257636

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATHUSET BREIVIK AS. Revenue 3.01m NOK → 2.61m NOK (-13.5%). Net result +580.7k NOK → -381.0k NOK. Equity 5.62m NOK → 234.3k NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.01m NOK 2.61m NOK
-13.5%
Operating result
+742.3k NOK -487.4k NOK
-165.7%
Net result
+580.7k NOK -381.0k NOK
-165.6%
Equity
5.62m NOK 234.3k NOK
-95.8%
Cash
691.8k NOK 348.7k NOK
-49.6%
Total assets
200.8k NOK 800.3k NOK
+298.5%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1.36×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.01m NOK to 2.61m NOK (-13.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +742.3k NOK → -487.4k NOK (op. margin 24.6% → -18.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 580.7k NOK profit to a loss of 381.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 5.62m NOK → 234.3k NOK (equity ratio 2796.0% → 29.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 691.8k NOK → 348.7k NOK (-49.6% YoY). Calculated