FirmaIQ
Org.nr 984 214 693 2019 → 2020 Year-over-year analysis

ADVOKATHUSET JUST AS: årsregnskap 2020 vs 2019

Shrank 84% on revenue

approved 2021-04-30; registry 2021-06-05; journal 2021 256222

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATHUSET JUST AS. Revenue 2.42m NOK → 384.4k NOK (-84.1%). Net result +1 799 NOK → +7 690 NOK. Equity 119.2k NOK → 119.9k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATHUSET JUST AS.

At a glance

Scorecard

Revenue
2.42m NOK 384.4k NOK
-84.1%
Operating result
+1 766 NOK +1 200 NOK
-32.0%
Net result
+1 799 NOK +7 690 NOK
+327.5%
Equity
119.2k NOK 119.9k NOK
+0.6%
Cash
29.2k NOK 40.7k NOK
+39.8%
Total assets
381.1k NOK n/m
—

What improved

  • ↑

    Net result improved

    Net result +1 799 NOK → +7 690 NOK (net margin 0.1% → 2.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 29.2k NOK → 40.7k NOK (+39.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.42m NOK to 384.4k NOK (-84.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1 766 NOK → +1 200 NOK (op. margin 0.1% → 0.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.01× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 31.8k NOK → 1 757 NOK (-94.5% YoY). Calculated