FirmaIQ
Org.nr 913 813 235 2019 → 2020 Year-over-year analysis

ADVOKATHUSET STAVANGER EIENDOM AS: årsregnskap 2020 vs 2019

Cash halved-plus

approved 2021-04-28; registry 2021-09-06; journal 2021 733098

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATHUSET STAVANGER EIENDOM AS. Revenue 1.03m NOK → 1.03m NOK (0.0%). Net result +409.3k NOK → +418.7k NOK. Equity 1.70m NOK → 1.42m NOK.

On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATHUSET STAVANGER EIENDOM AS.

At a glance

Scorecard

Revenue
1.03m NOK 1.03m NOK
0.0%
Operating result
+783.7k NOK +710.3k NOK
-9.4%
Net result
+409.3k NOK +418.7k NOK
+2.3%
Equity
1.70m NOK 1.42m NOK
-16.5%
Cash
760.5k NOK 214.7k NOK
-71.8%
Total assets
8.24m NOK 7.73m NOK
-6.1%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.92× → 4.65×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +783.7k NOK → +710.3k NOK (op. margin 76.4% → 69.2%). Calculated

  • ↓

    Equity eroded

    Book equity 1.70m NOK → 1.42m NOK (equity ratio 20.7% → 18.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 760.5k NOK → 214.7k NOK (-71.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 481.1k NOK → 472.7k NOK. Reported fact