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Org.nr 966 370 505 2019 → 2020 Year-over-year analysis

ADVOKATKOLLEGIET KINDEM & CO AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-04-30; registry 2021-06-29; journal 2021 420129

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATKOLLEGIET KINDEM & CO AS. Revenue 4.84m NOK → 4.63m NOK (-4.5%). Net result +284.8k NOK → +107.5k NOK. Equity 11 NOK → 1.38m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
4.84m NOK 4.63m NOK
-4.5%
Operating result
+360.8k NOK +134.1k NOK
-62.8%
Net result
+284.8k NOK +107.5k NOK
-62.3%
Equity
11 NOK 1.38m NOK
+12555818.2%
Cash
102.4k NOK 1.17m NOK
+1042.4%
Total assets
1.86m NOK 1.71m NOK
-8.2%

What improved

  • ↑

    Equity strengthened

    Book equity 11 NOK → 1.38m NOK (equity ratio 0.0% → 80.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 102.4k NOK → 1.17m NOK (+1042.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.65m NOK → 664.9k NOK (75% → 14% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.84m NOK to 4.63m NOK (-4.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +360.8k NOK → +134.1k NOK (op. margin 7.4% → 2.9%). Calculated

  • ↓

    Net result weakened

    Net result +284.8k NOK → +107.5k NOK (net margin 5.9% → 2.3%). Calculated